haart says ..
This extremely spacious four bedroom bay fronted property is located on a popular street just south of Lincoln City Centre, plenty of potential for refurbishment or conversion. NO ONWARD CHAIN
Property Oracle says ..
This four-bedroom property on Vernon Street in Lincoln offers considerable potential but requires substantial renovation. The location in Boultham is advantageous, with good proximity to the city centre, amenities, and schools. However, the interior is dated and cluttered, and several rooms are in poor condition requiring extensive repairs and modernisation. The small, overgrown rear yard provides limited outdoor space. The list price of £175,000 needs careful consideration regarding the cost of the necessary refurbishment. A thorough survey and cost estimate of renovation are crucial before purchase, and prospective buyers should carefully weigh the costs of bringing the property to a desirable standard against the asking price and the cost of alternative properties in the area. The property could offer good value after renovation, but the current condition significantly lowers its immediate value.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,323.00
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 %
- Est sale value
- 150,822.00 £Decreased by 44.93 %
- Average area rental value
- 1,212.00 £/moIncreased by 40.12 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 8.19 %Increased by 55.11 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Lincoln St Peter At Gowts Church Of England Primary School | Voluntary Controlled School | Good | 0.39 KM |
| Springwell Lincoln City Academy | Academy Alternative Provision Sponsor Led | 0.57 KM | |
| University Of Lincoln | Higher Education Institutions | Good | 0.87 KM |
| Athena School | Community Special School | Good | 1.06 KM |
| Lincoln Central And Bracebridge Children'S Centre | Children's Centre | 1.13 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dixon Street | £ 0 | 0 | 0.00 KM |
| Bell Street | £ 0 | 0 | 0.00 KM |
| Craven Court | £ 0 | 0 | 0.00 KM |
| Saint Mark's Square | £ 0 | 0 | 0.00 KM |
| Ropewalk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 1.02 KM |
| Hykeham | 6310 | HKM | 6.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Vernon Street, Lincoln | £ 175,000 | BUY | 4 / 10 | 0.00 KM |
| Vernon Street, Lincoln | £ 175,000 | BUY | Unknown | 0.01 KM |
| Vernon Street, Lincoln | £ 150,000 | BUY | 5 / 10 | 0.05 KM |
| The Old Mill, Princess Street, Lincoln | £ 125,000 | BUY | Unknown | 0.05 KM |
| Princess Street, Lincoln | £ 130,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 97 Vernon Street | £ 125,000 | 0.01 KM |
| 21 Vernon Street | £ 136,500 | 0.01 KM |
| 35 Vernon Street | £ 125,000 | 0.01 KM |
| 101 Vernon Street | £ 35,000 | 0.01 KM |
| 63 Vernon Street | £ 142,000 | 0.01 KM |