Boultham Avenue, Lincoln, LN5
NE

Boultham Avenue, Lincoln, LN5

By Newton Fallowell

£ 210,000

Reviews

2 out of 5 stars

Newton Fallowell says ..

* * CURRENTLY LET AND ACHIEVING £1725 PCM * * Well Presented & Furnished Bay Fronted Terraced House in a City Centre currently used as a HMO with 5 lettable rooms. Positioned within easy walking distance of Lincoln University, Train Station, Amenities & Green Space. NO ONWARD CHAIN....

Property Oracle says ..

This five-bedroom, two-bathroom terraced house located on Boultham Avenue in Lincoln offers potential but requires some consideration. The property’s main selling point is its location, being conveniently situated near the city centre, university, and train station. This is a significant benefit for students and those who desire a city-centre location. The property also benefits from access to multiple schools within a reasonable distance. However, the images reveal a property that requires modernisation and updating. The decor appears dated, and while the kitchen and bathrooms are functional, they are not luxurious or modern. The small, overgrown garden provides limited outdoor space. The list price of £210,000 appears to be slightly above average for comparable properties in the area, considering the need for modernisation. While the five bedrooms might appeal to families or those looking for a large house for a rental income, a comprehensive survey should be conducted prior to purchase to assess its structural integrity and any potential hidden issues. Potential buyers should carefully weigh the benefits of the location against the costs of necessary renovations before making an offer.

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
6
Condition
5
Location
7
Land
3
Bedrooms
5
Bathrooms
2
Sqft (est)
1,092.00

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 %
from 196,562.00 £
Est sale value
124,488.00 £
Decreased by 44.93 %
from 226,044.00 £
Average area rental value
1,212.00 £/mo
Increased by 40.12 %
from 865.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
8.19 %
Increased by 55.11 %
from 5.28 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.39 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.54 KM
University Of LincolnHigher Education InstitutionsGood0.93 KM
Athena SchoolCommunity Special SchoolGood1.04 KM
Lincoln Central And Bracebridge Children'S CentreChildren's Centre1.12 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Dixon Street £ 000.00 KM
Bell Street £ 000.00 KM
Craven Court £ 000.00 KM
Saint Mark's Square £ 000.00 KM
Craven Terrace £ 130,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.05 KM
Hykeham6310HKM6.48 KM

Nearby Listings

AddressPriceTypeScoreDistance
Boultham Avenue, Lincoln, LN5 £ 165,000BUY6 / 100.00 KM
Boultham Avenue, Lincoln, LN5 £ 139,950BUY5 / 100.00 KM
Boultham Avenue, Lincoln, LN5 £ 210,000BUY5 / 100.00 KM
Vernon Street, Lincoln £ 175,000BUYUnknown0.05 KM
Vernon Street, Lincoln £ 175,000BUY4 / 100.06 KM

Nearby Properties

AddressPriceDistance
7 Boultham Avenue £ 123,0000.02 KM
26 Boultham Avenue £ 105,5500.02 KM
55 Boultham Avenue £ 110,0000.02 KM
59 Boultham Avenue £ 135,0000.02 KM
20 Boultham Avenue £ 167,5000.02 KM