Bobbin Lane, Lincoln
WI

Bobbin Lane, Lincoln

By William H. Brown

£ 220,000

Reviews

3 out of 5 stars

William H. Brown says ..

Being offered with no onward chain, viewing is highly advised. The property comprises entrance hall, kitchen, large lounge/diner, cloakroom, four bedrooms, one with en-suite, family bathroom, rear garden, garage and parking.

Property Oracle says ..

The property is located in Lincoln, Lincolnshire, a city with a rich history and a growing economy. The area benefits from relatively good transport links via the East Midlands Railway, which is approximately 5.10 KM away. There are also several schools nearby, including Lincoln Carlton Academy, which has an ‘Outstanding’ Ofsted rating and is only 0.25 KM from the property. This is a positive factor for families. However, the provided data lacks information on the property’s square footage and plot size, making a comprehensive assessment of land and price challenging. The average house price in the area is significantly higher than the listing price of £220,000, suggesting it could potentially be undervalued. However, without knowing the property’s size, it’s impossible to definitively assess its value per square foot. The images suggest the property is in good condition, with no obvious signs of needing major renovation. There is a small garden visible in the photos, although its exact size is unknown. Considering the location near good schools and transport links, and the apparent good condition of the property, the list price, while lower than the area average, may be reasonable, but further information is needed for a more precise evaluation. More information on the property’s size and specifics would greatly improve the accuracy of the analysis.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
4
Bedrooms
4
Bathrooms
2
Sqft (est)
950.00

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
409,450.00 £
Increased by 20.73 %
from 339,150.00 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
950.00 £/mo
Unchanged by 0.00 %
from 950.00 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • William H. Brown marked this listing as sold.

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln Carlton AcademyAcademy Sponsor LedOutstanding0.25 KM
St Giles AcademyAcademy Sponsor Led2.17 KM
The Lincoln St Giles Nursery SchoolLocal Authority Nursery SchoolOutstanding2.27 KM
Springwell Alternative Academy LincolnFree Schools Alternative Provision2.43 KM
The Nettleham Church Of England Voluntary Aided Junior SchoolVoluntary Aided SchoolGood2.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hawthorn Road £ 475,00000.00 KM
Kirstall Close £ 000.00 KM
Limewoods Way £ 230,00000.00 KM
Lincoln Eastern Bypass £ 000.00 KM
Carlton mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN5.10 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bobbin Lane, Lincoln £ 220,000BUY6 / 100.00 KM
Bobbin Lane, Lincoln £ 450,000BUY7 / 100.06 KM
2 Ploughmans Walk, Carlton Boulevard, Lincoln, LN2 4NH £ 385,000BUY8 / 100.07 KM
Ploughmans Lane, Lincoln £ 250,000BUY7 / 100.15 KM
Ploughmans Lane, Lincoln, LN2 £ 450,000BUY8 / 100.15 KM

Nearby Properties

AddressPriceDistance
24 Bobbin Lane £ 212,0000.00 KM
40 Bobbin Lane £ 320,0000.00 KM
64 Bobbin Lane £ 255,0000.00 KM
71 Bobbin Lane £ 298,0000.00 KM
34 Bobbin Lane £ 142,0000.00 KM