Drake Street, Lincoln, LN1
LO

Drake Street, Lincoln, LN1

By Lovelle Estate Agency

£ 140,000

Reviews

3 out of 5 stars

Lovelle Estate Agency says ..

Well-presented three-bedroom mid-terrace property currently operated as a student let, generating a projected annual income of £21,060. The accommodation includes a spacious living room, modern kitchen, three double bedrooms, and a bathroom.

Property Oracle says ..

This is a three-bedroom terraced house on Drake Street, Lincoln. The property offers a blend of traditional features and modern updates, particularly in the kitchen and bathroom. While the garden needs some attention, the property’s proximity to schools and transport links makes it a potentially attractive purchase. The price appears competitive compared to average property values in the area, suggesting good value for money. Overall, this property presents a solid opportunity for first-time buyers or investors looking for a well-located home with scope for further enhancement.

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
8
Condition
6
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
734.10

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
309,000.00 £
Increased by 24.83 %
from 247,532.00 £
Est sale value
292,905.90 £
Increased by 112.23 %
from 138,010.80 £
Average area rental value
761.00 £/mo
Increased by 25.79 %
from 605.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.96 %
Increased by 1.02 %
from 2.93 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Lovelle Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Faith'S Church Of England Infant And Nursery School, LincolnVoluntary Controlled SchoolGood0.08 KM
Carholme Children'S CentreChildren's Centre Linked Site0.18 KM
The St Faith And St Martin Church Of England Junior School, LincolnVoluntary Controlled SchoolGood0.70 KM
University Of LincolnHigher Education InstitutionsGood1.05 KM
Lincolnshire Secure UnitSecure Units1.14 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Meadowsweet Close £ 000.00 KM
Hampton Court £ 000.00 KM
Saltergate £ 000.00 KM
Poplar Avenue £ 000.00 KM
Saltergate £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.94 KM
Hykeham6310HKM6.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Drake Street, Lincoln, LN1 £ 140,000BUY6 / 100.00 KM
Drake Street, Lincoln £ 275,000BUY6 / 100.01 KM
Drake Street, Lincoln £ 155,000BUYUnknown0.01 KM
Carholme Road, Lincoln, Lincoln, LN1 £ 195,000BUY5 / 100.09 KM
Carholme Road, Lincoln, LN1 £ 320,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
6 Drake Street £ 132,0000.00 KM
27 Drake Street £ 149,9500.00 KM
35 Drake Street £ 221,0360.00 KM
20 Drake Street £ 75,9500.00 KM
21 Drake Street £ 99,0000.00 KM