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 %
- Est sale value
- 391,518.40 £Increased by 25.52 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est letting value
- 1,075.60 £/mo
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Walters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lincoln Central And Bracebridge Children'S Centre | Children's Centre | 0.52 KM | |
| The Lincoln Bishop King Church Of England Primary School | Voluntary Aided School | Good | 0.58 KM |
| The Lincoln St Peter At Gowts Church Of England Primary School | Voluntary Controlled School | Good | 0.63 KM |
| Athena School | Community Special School | Good | 0.67 KM |
| Springwell Lincoln City Academy | Academy Alternative Provision Sponsor Led | 0.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Charles Street | £ 0 | 0 | 0.00 KM |
| Arkill's Passage | £ 0 | 0 | 0.00 KM |
| Palmer Street | £ 0 | 0 | 0.00 KM |
| Lancaster Place | £ 108,750 | 0 | 0.00 KM |
| Cornhill | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 0.28 KM |
| Hykeham | 6310 | HKM | 7.48 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Portland Street, Lincoln, LN5 | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
| Portland Street, Lincoln, LN5 | £ 230,000 | BUY | 5 / 10 | 0.00 KM |
| Portland Street, Lincoln | £ 115,000 | BUY | Unknown | 0.00 KM |
| 64 Portland Street, Lincoln, Lincolnshire, LN5 | £ 110,000 | BUY | 5 / 10 | 0.04 KM |
| Sincil Bank, Lincoln | £ 150,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 94 Portland Street | £ 110,100 | 0.01 KM |
| 59 Portland Street | £ 230,000 | 0.01 KM |
| 65 Portland Street | £ 116,000 | 0.01 KM |
| 76 Portland Street | £ 140,000 | 0.01 KM |
| 79 Portland Street | £ 147,500 | 0.01 KM |