Realm 47 Ltd says ..

Property Oracle says ..

The property is a House of Multiple Occupation (HMO) located on Broadgate in Lincoln, Lincolnshire. The location is within 0.62km of Lincoln train station, providing convenient access to transport links. Several schools are also nearby, including Lincoln Utc (0.30km), Lincoln College (0.46km), and The Lincoln St Peter-In-Eastgate Church Of England (Controlled) Infants School (0.84km). The proximity to these amenities is a positive aspect of the property’s location.

Based on the provided images, the property appears to be in good condition. The interior shows a recently renovated or well-maintained kitchen and living areas. There is no evidence of significant wear and tear or the need for major renovations. The exterior is also presented well, although further images might provide a more comprehensive assessment.

Information on the plot size is not available, therefore a comment on the land cannot be provided.

The list price is £350,000. The average house price in the area is £340,786, and the average price per square foot is £380. Without the square footage of the property, a precise comparison cannot be made to determine if the asking price is reasonable. However, given that it’s an 8-bedroom HMO close to transport and schools, the price might be considered competitive within the context of the Lincoln property market, especially if the property is let to students or young professionals. Further information on rental yields would be needed to fully assess the price’s reasonableness.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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