Starkey & Brown says ..

Property Oracle says ..

Riverside Lawns is a two-bedroom apartment situated on Peel Street in Lincoln’s Boultham area. The property benefits from a riverside location and is within reasonable proximity to several schools, including The Lincoln St Peter At Gowts Church Of England Primary School (0.60 KM) and Springwell Lincoln City Academy (0.74 KM), both rated ‘Good’ by Ofsted. Lincoln railway station is also conveniently located 1.25 KM away.

The apartment itself appears to be in good condition based on the provided images. The interior is modern and well-maintained, suggesting that significant renovation is not required. The kitchen and bathroom are updated and functional. The presence of a small patio area overlooking the river adds to the property’s appeal.

The plot size is 657 sqft, which is relatively small for a two-bedroom apartment. However, the riverside location and access to outdoor space partially compensate for this.

Considering the list price of £137,000, the average price per sqft in the area is £237. This property is 323.45 sqft, meaning the price per sqft is approximately £423. This is significantly higher than the average for the area. However, the unique riverside location and the generally good condition of the property might justify a premium. Nearby comparable properties on Peel Street sold for £120,000 and £165,000, providing some context for the asking price. While the property is priced above the average for the area, the premium could be attributed to its desirable location and condition.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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