Portland Street, Lincoln, LN5
WA

Portland Street, Lincoln, LN5

By Walters

£ 230,000

Reviews

2 out of 5 stars

Walters says ..

This fully licensed 5-bedroom HMO presents an exceptional investment opportunity in the heart of Lincoln.

Property Oracle says ..

This five-bedroom, two-bathroom property located on Portland Street in Lincoln, LN5, presents a mixed bag of features. The property’s location is a definite strength. It’s within a reasonable distance of Lincoln city centre, and there are several well-regarded primary schools nearby, making it potentially attractive to families. The railway station’s proximity adds to its convenience. The property itself appears to have undergone some renovations, particularly in the kitchen and bathrooms. These areas are presented in a modern and reasonably well-maintained condition. However, photos of some bedrooms reveal a need for some cosmetic updates, or at least a declutter. Further, the property appears to be a terraced house. The exterior is typical of many period buildings in this style and may require some external maintenance. The small, somewhat unkempt backyard offers limited outdoor space. The lack of precise plot size information prevents a more accurate evaluation of the land. The list price, while a little higher than some comparable properties in the area, is not unreasonable considering its size (five bedrooms), however, a lack of information on the internal condition of all rooms and the plot size of the property and lack of average price per square foot makes it difficult to definitively confirm the value for money. A viewing would be necessary to obtain a complete picture of this property’s overall value and attractiveness to prospective buyers.

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
2
Bedrooms
5
Bathrooms
2
Sqft (est)
1,075.60

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Est sale value
391,518.40 £
Increased by 25.52 %
from 311,924.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
1,075.60 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Walters created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln Central And Bracebridge Children'S CentreChildren's Centre0.52 KM
The Lincoln Bishop King Church Of England Primary SchoolVoluntary Aided SchoolGood0.58 KM
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.63 KM
Athena SchoolCommunity Special SchoolGood0.67 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Charles Street £ 000.00 KM
Arkill's Passage £ 000.00 KM
Palmer Street £ 000.00 KM
Lancaster Place £ 108,75000.00 KM
Cornhill £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.28 KM
Hykeham6310HKM7.48 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portland Street, Lincoln, LN5 £ 220,000BUY5 / 100.00 KM
Portland Street, Lincoln, LN5 £ 230,000BUY5 / 100.00 KM
Portland Street, Lincoln £ 115,000BUYUnknown0.00 KM
64 Portland Street, Lincoln, Lincolnshire, LN5 £ 110,000BUY5 / 100.04 KM
Sincil Bank, Lincoln £ 150,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
94 Portland Street £ 110,1000.01 KM
59 Portland Street £ 230,0000.01 KM
65 Portland Street £ 116,0000.01 KM
76 Portland Street £ 140,0000.01 KM
79 Portland Street £ 147,5000.01 KM