Greestone Mount, Lincoln
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Greestone Mount, Lincoln

By Mundys

£ 225,000

Reviews

3 out of 5 stars

Mundys says ..

A well-presented first floor apartment located within this exclusive development and within close proximity to the Bailgate, Cathedral Quarter and Lincoln City Centre. The internal accommodation briefly comprises of Main Entrance Hall, Open Plan Lounge and Dining Area, fitted Kitchen, two double ...

Property Oracle says ..

Location: The property is located in Lincoln, Lincolnshire, close to the Lincoln railway station (0.98 KM). The area also benefits from several schools within a short distance, including Lincoln Utc (0.08 KM), which has a good Ofsted rating, and The Lincoln St Peter-In-Eastgate Church Of England (Controlled) Infants School (0.48 KM), which has an outstanding Ofsted rating. This proximity to transport links and well-regarded schools makes it an attractive location for families and commuters.

Condition: Based on the images provided, the property appears to be in good condition. The interior is modern and well-maintained, with updated fixtures and fittings in the kitchen and bathroom. There are no visible signs of significant wear and tear or the need for immediate repairs or renovations.

Land: The property is an apartment and therefore does not include a private garden or significant land.

Price: The list price of £225,000 for an 868.14 sqft apartment seems reasonable when considering the local market. The average price for properties in the area is £344,846, and the average price per sqft is £341.00. While the subject property is smaller than the average, its modern condition and desirable location near good schools and transport links justify its price point relative to comparable nearby listings, such as those on Greestone Mount, which are similarly priced and sized. The higher-priced nearby listings on Lindum Road reflect the variability in property values within the area, but they are of different types and sizes.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
868.14

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
382,304.00 £
Increased by 10.41 %
from 346,255.00 £
Est sale value
368,959.50 £
Increased by 23.91 %
from 297,772.02 £
Average area rental value
1,370.00 £/mo
Increased by 3.55 %
from 1,323.00 £/mo
Est letting value
868.14 £/mo
Unchanged by 0.00 %
from 868.14 £/mo
Est rental Yield
4.30 %
Decreased by 6.32 %
from 4.59 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Mundys created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln UtcUniversity Technical CollegeGood0.08 KM
Lincoln CollegeFurther EducationGood0.26 KM
Lincoln Minster SchoolOther Independent School0.37 KM
Lincoln Abbey Children'S CentreChildren's Centre0.45 KM
The Lincoln St Peter-In-Eastgate Church Of England (Controlled) Infants SchoolVoluntary Controlled SchoolOutstanding0.48 KM

Images

front DSC_0278 DSC_0281 IMG_7370 DSC_0280 DSC_0285 DSC_0288 DSC_0292 DSC_0290 IMG_7366 DSC_0272 DSC_0275 IMG_7371

Nearby Streets

NameAverage PriceAverage SqftDistance
Montague Street £ 000.00 KM
Free School Lane £ 000.00 KM
The Terrace £ 134,95000.00 KM
Exchequergate £ 000.00 KM
The Cloisters £ 230,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.98 KM
Hykeham6310HKM8.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Greestone Mount, Lincoln £ 225,000BUY6 / 100.00 KM
Greestone Mount, Lincoln, LN2 £ 210,000BUY7 / 100.01 KM
Greestone Mount, Lincoln, Lincolnshire, LN2 1PS £ 210,000BUYUnknown0.03 KM
Lindum Road, Lincoln £ 300,000BUY7 / 100.10 KM
Lindum Road, Lincoln, LN2 £ 500,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
9 Greestone Mount £ 165,0000.00 KM
15 Greestone Mount £ 232,5000.00 KM
7 Greestone Mount £ 231,0000.00 KM
5 Greestone Mount £ 245,0000.00 KM
10 Greestone Mount £ 142,0000.00 KM