Monks Road, Lincoln
Starkey & Brown logo

Monks Road, Lincoln

By Starkey & Brown

£ 95,000

Reviews

2 out of 5 stars

Starkey & Brown says ..

Starkey&Brown is pleased to offer for sale this 1 bedroom top floor apartment located in the ever popular Monks Road area of Lincoln. Accommodation briefly comprises of a entrance hall, kitchen diner living space, shower room and a generous double bedroom with additional storage. Further benefits...

Property Oracle says ..

This one-bedroom apartment located on Monks Road in Lincoln, Lincolnshire, presents a mixed bag for potential buyers. Its strengths lie in its location: the property is conveniently situated near Lincoln Monks Abbey Primary School, which is rated ‘Good’ by Ofsted. Furthermore, its proximity to Lincoln city centre and the East Midlands Railway station (1.98km) provides easy access to amenities and transportation. However, the property’s limitations are also notable. The images reveal a relatively small apartment with a modest living space. The apartment shows a need for some general updating, with the living room and bedroom suggesting a need for modernising or a deep clean and fresh paint. The property’s lack of outdoor space, a significant consideration for many buyers, is a further drawback. Furthermore, the absence of information regarding parking presents an additional challenge. The price point of £95,000 appears relatively competitive in the local context given comparable listings, yet the aforementioned factors should be carefully considered. Overall, this apartment might suit first-time buyers, investors seeking rental income, or individuals prioritising location and convenience over extensive space and luxurious finishes. A thorough viewing is highly recommended before making any purchase decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
377.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
162,487.00 £
Increased by 20.73 %
from 134,589.00 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
377.00 £/mo
Unchanged by 0.00 %
from 377.00 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Starkey & Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln Monks Abbey Primary SchoolCommunity SchoolGood0.06 KM
Lincoln Minster SchoolOther Independent School1.00 KM
Lincoln Christ'S Hospital SchoolAcademy ConverterGood1.00 KM
Lincoln Abbey Children'S CentreChildren's Centre1.02 KM
Lincoln CollegeFurther EducationGood1.05 KM

Images

Photo 1 Photo 2 Photo 5 Photo 6 Photo 4 Photo 3

Nearby Streets

NameAverage PriceAverage SqftDistance
Thomas Street £ 124,97500.00 KM
Woodland View £ 214,95000.00 KM
John Street £ 110,00000.00 KM
The Cloisters £ 230,00000.00 KM
Montague Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.98 KM
Hykeham6310HKM9.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Monks Road, Lincoln £ 140,000BUY5 / 100.00 KM
Monks Road, Lincoln £ 97,000BUY5 / 100.00 KM
Monks Road, Lincoln £ 95,000BUY5 / 100.00 KM
Monks Road, Lincoln, LN2 £ 175,000BUYUnknown0.01 KM
Monks Road, Lincoln, LN2 £ 220,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
223 Monks Road £ 151,0000.06 KM
227 Monks Road £ 89,1000.08 KM
219 Monks Road £ 45,0000.08 KM
221 Monks Road £ 92,5000.08 KM
217 Monks Road £ 180,0000.08 KM