Marine Approach, Burton Waters
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Marine Approach, Burton Waters

By Mundys

£ 185,000

Reviews

2 out of 5 stars

Mundys says ..

The property is tenanted until July 2025. OPEN TO OFFERS! A two bedroom Ground Floor Apartment in a luxury complex on the prestigious Burton Waters development, close to the historic Cathedral and University City of Lincoln. Burton Waters is a gated marina development with 24 hours security. The ...

Property Oracle says ..

This two-bedroom, two-bathroom apartment is located within the prestigious gated community of Burton Waters, offering a secure and tranquil lifestyle on the water. The property benefits from modern fittings, including a well-equipped kitchen and modern bathrooms, as shown in the provided photographs. The interior features light and airy rooms, with neutral decor. While the apartment benefits from the attractive surroundings and security of the Burton Waters development, the limited outdoor space is a notable constraint. The property is conveniently situated with relatively easy access to Lincoln via car. Potential buyers should factor in any costs associated with minor updating or maintenance, and it should be noted the provided square footage for the property and comparable properties is absent. The list price should be carefully considered against similar properties in the area, taking into account any tenancy agreements, before making an offer. Overall, this is a property well-suited to individuals or couples seeking a secure and attractive waterside home in a relatively peaceful environment. The lack of available plot size information makes assessing value per square foot impossible, this along with the lack of comparative data makes accurate property valuation challenging.

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
2
Bathrooms
2
Sqft (est)
699.65

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
296,550.00 £
Decreased by 12.62 %
from 339,398.00 £
Est sale value
269,365.25 £
Increased by 45.83 %
from 184,707.60 £
Average area rental value
1,150.00 £/mo
Decreased by 4.64 %
from 1,206.00 £/mo
Est letting value
699.65 £/mo
from 0.00 £/mo
Est rental Yield
4.65 %
Increased by 9.15 %
from 4.26 %
Crime Rate
100.00 %
Unchanged by 0.00 %
from 100.00 %

Agent Activity

  • Mundys created the listing.

Nearby Schools

NameTypeOfstedDistance
St Lawrence Church Of England Primary SchoolVoluntary Controlled SchoolGood2.43 KM
Burton Hathow Preparatory SchoolOther Independent School2.91 KM
Woodlands Infant And Nursery SchoolCommunity SchoolGood3.09 KM
Skellingthorpe The Holt Primary SchoolCommunity SchoolGood3.36 KM
Birchwood And North Hykeham Children'S CentreChildren's Centre3.45 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Oakfield Road £ 378,98000.00 KM
Saxilby Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hykeham6310HKM5.86 KM
Lincoln6340LCN6.53 KM
Saxilby6328SXY7.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marine Approach, Burton Waters, Lincoln £ 230,000BUY6 / 100.00 KM
Marine Point Apartments, Marine Approach, Burton Waters £ 125,000BUY6 / 100.00 KM
Marine Approach, Lincoln £ 270,000BUY6 / 100.00 KM
Marine Approach, Burton Waters, Lincoln, LN1 £ 199,950BUY5 / 100.00 KM
Marine Point Apartments, Marine Approach, Burton Waters £ 127,500BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
15 Marine Approach £ 275,0000.09 KM
22 Marine Approach £ 262,5000.09 KM
1 Marine Approach £ 305,0000.09 KM
14 Marine Approach £ 325,0000.09 KM
17 Marine Approach £ 231,0000.09 KM