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 %
- Est sale value
- 124,488.00 £Decreased by 44.93 %
- Average area rental value
- 1,212.00 £/moIncreased by 40.12 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 8.19 %Increased by 55.11 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Newton Fallowell created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Lincoln St Peter At Gowts Church Of England Primary School | Voluntary Controlled School | Good | 0.39 KM |
| Springwell Lincoln City Academy | Academy Alternative Provision Sponsor Led | 0.54 KM | |
| University Of Lincoln | Higher Education Institutions | Good | 0.93 KM |
| Athena School | Community Special School | Good | 1.04 KM |
| Lincoln Central And Bracebridge Children'S Centre | Children's Centre | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dixon Street | £ 0 | 0 | 0.00 KM |
| Bell Street | £ 0 | 0 | 0.00 KM |
| Craven Court | £ 0 | 0 | 0.00 KM |
| Saint Mark's Square | £ 0 | 0 | 0.00 KM |
| Craven Terrace | £ 130,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 1.05 KM |
| Hykeham | 6310 | HKM | 6.48 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Boultham Avenue, Lincoln, LN5 | £ 165,000 | BUY | 6 / 10 | 0.00 KM |
| Boultham Avenue, Lincoln, LN5 | £ 139,950 | BUY | 5 / 10 | 0.00 KM |
| Boultham Avenue, Lincoln, LN5 | £ 210,000 | BUY | 5 / 10 | 0.00 KM |
| Vernon Street, Lincoln | £ 175,000 | BUY | Unknown | 0.05 KM |
| Vernon Street, Lincoln | £ 175,000 | BUY | 4 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Boultham Avenue | £ 123,000 | 0.02 KM |
| 26 Boultham Avenue | £ 105,550 | 0.02 KM |
| 55 Boultham Avenue | £ 110,000 | 0.02 KM |
| 59 Boultham Avenue | £ 135,000 | 0.02 KM |
| 20 Boultham Avenue | £ 167,500 | 0.02 KM |