Forge Way, Lincoln, LN6
By Lovelle Estate Agency
£ 93,750
Reviews
2 out of 5 stars
Lovelle Estate Agency says ..
This charming one-bedroom flat, perfect for first-time buyers, is located in a sought-after area with excellent transport links, nearby amenities, and includes parking, all under the section 106 affordable housing scheme, offering a modern open-plan living space and no onward chain.
Property Oracle says ..
This property is a one-bedroom flat located in North Hykeham, Lincoln. The location benefits from being relatively close to local schools such as North Kesteven Academy and Manor Farm Academy (both rated as “Good” by Ofsted), and transport links including Hykeham train station. However, the surrounding area shows a significant price disparity with the average house price being much higher than the listed price of this property. This suggests that the property may be undervalued or that there are factors affecting its desirability not immediately apparent from the provided data. The property itself appears to be in good condition based on the images; it is modern and well-presented. The lack of plot size is a significant drawback, as is the fact that it is a flat rather than a house. The price per square foot is significantly lower than the area average, which could indicate good value, but requires further investigation into the specific reasons for the lower price. More information on the property’s condition and the reason for the lower price would be needed to give a more complete analysis.
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
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 600.00
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
- 921,429.00 £Increased by 70.18 %
- Est sale value
- 675,000.00 £Increased by 95.99 %
- Average area rental value
- 1,672.00 £/moDecreased by 4.68 %
- Est letting value
- 1,200.00 £/moIncreased by 100.00 %
- Est rental Yield
- 2.18 %Decreased by 43.96 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Lovelle Estate Agency created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North Hykeham Joint Sixth Form | Sixth Form Centres | 1.02 KM | |
| North Kesteven Academy | Academy Converter | Good | 1.02 KM |
| George Johnson Education Centre | Other Independent School | 1.34 KM | |
| Manor Farm Academy | Academy Sponsor Led | Good | 1.48 KM |
| Sir Robert Pattinson Academy | Academy Converter | Good | 1.53 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ley's Close | £ 600,000 | 0 | 0.00 KM |
| Whisby Road | £ 0 | 0 | 0.00 KM |
| Saint Marys Road | £ 0 | 0 | 0.00 KM |
| Richmond Lakes Path | £ 120,000 | 0 | 0.00 KM |
| Sadler Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hykeham | 6310 | HKM | 0.40 KM |
| Lincoln | 6340 | LCN | 7.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Forge Way, Lincoln, LN6 | £ 93,750 | BUY | 5 / 10 | 0.00 KM |
| Cupola Close, North Hykeham, LN6 | £ 170,000 | BUY | Unknown | 0.01 KM |
| Ferrous Way, North Hykeham | £ 210,000 | BUY | 7 / 10 | 0.04 KM |
| Forge Way, North Hykeham, Lincoln, Lincolnshire, LN6 | £ 310,000 | BUY | 7 / 10 | 0.06 KM |
| Ferrous Way, North Hykeham, Lincoln, LN6 | £ 47,500 | BUY | 5 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 Ferrous Way | £ 209,999 | 0.06 KM |
| 11 Ferrous Way | £ 189,999 | 0.06 KM |
| 84 Ferrous Way | £ 175,000 | 0.09 KM |
| 12 Ferrous Way | £ 123,000 | 0.09 KM |
| 18 Ferrous Way | £ 150,000 | 0.09 KM |