Riverside Drive, Lincoln, LN5
NE

Riverside Drive, Lincoln, LN5

By Newton Fallowell

£ 125,000

Reviews

2 out of 5 stars

Newton Fallowell says ..

Situated within this popular, modern City Centre development and within walking distance to the University of Lincoln and the High Street area.This top floor Apartment consists of accommodation comprising of Entrance Hall, Open Plan Living Kitchen Dining area, Two Double Bedrooms, En-Su...

Property Oracle says ..

This two-bedroom apartment located on Riverside Drive in Lincoln offers a convenient city centre location, close to the University of Lincoln and local amenities. The property is within walking distance of Lincoln train station, providing easy access to the wider region. Several nearby primary and secondary schools are also easily accessible. The provided photographs reveal an apartment in decent condition; it appears clean, but the interior design and finishes look slightly dated and might benefit from modernising. The kitchen and bathrooms are functional, but don’t offer the luxury touches of more recently constructed properties. A significant downside is the complete absence of private outdoor space. Given the comparable listing prices of other apartments in the area, the asking price of £125,000 is competitive within the market, however the age of the property and lack of external space is expected to affect the final sale price. Overall, the apartment represents a viable option for first-time buyers, students, or investors seeking a reasonably priced property in a central Lincoln location, although potential buyers may wish to factor in potential renovation costs.

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
6
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
709.00

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
177,500.00 £
Decreased by 9.70 %
from 196,562.00 £
Est sale value
80,826.00 £
Decreased by 44.93 %
from 146,763.00 £
Average area rental value
1,212.00 £/mo
Increased by 40.12 %
from 865.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
8.19 %
Increased by 55.11 %
from 5.28 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.47 KM
University Of LincolnHigher Education InstitutionsGood0.53 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.72 KM
Lincolnshire Secure UnitSecure Units0.83 KM
Athena SchoolCommunity Special SchoolGood1.16 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Mark's Square £ 000.00 KM
Ropewalk £ 000.00 KM
St. Mark Street £ 000.00 KM
Dixon Street £ 000.00 KM
Wigford Way £ 103,74200.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.80 KM
Hykeham6310HKM6.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
Riverside Drive, Lincoln, LN5 £ 127,000BUY5 / 100.00 KM
Riverside Drive, Lincoln, LN5 £ 105,000BUY5 / 100.00 KM
Riverside Drive, Lincoln £ 129,950BUY5 / 100.00 KM
Riverside Drive, Lincoln, LN5 £ 99,950BUYUnknown0.00 KM
Riverside Drive, Lincoln, LN5 £ 125,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
95 Riverside Drive £ 104,4530.00 KM
49 Riverside Drive £ 100,0000.00 KM
57 Riverside Drive £ 125,0000.00 KM
77 Riverside Drive £ 125,0000.00 KM
37 Riverside Drive £ 135,0000.00 KM