Walters says ..
Discover your new home in the heart of Lincoln with this charming two-bedroom terraced house on Fairfax Street.
Property Oracle says ..
This two-bedroom terraced house on Fairfax Street in Lincoln offers a potentially sound investment or starter home. The property’s interior is presented in a clean, somewhat basic, and freshly decorated condition. The kitchen and bathroom appear functional though not high-end. The inclusion of two bedrooms and a bathroom is beneficial, and the presence of a fireplace adds a touch of character.
The property is situated in an area with reasonable proximity to schools rated ‘Good’ or ‘Outstanding’ by Ofsted, making it a potentially family-friendly location. Nearby transport links to Lincoln City Centre are a plus.
However, a significant drawback is the extremely small, unkempt backyard that needs considerable landscaping. The lack of detailed information regarding the average price per square foot for Fairfax Street makes a definitive price analysis difficult. Nevertheless, based on nearby comparable properties, the list price seems competitive, though not exceptionally outstanding value due to the condition of the garden and some aspects of the interior needing improvements. Potential buyers should carry out further investigation into the local neighborhood environment and secure a professional survey before committing to a purchase. Ultimately, the property presents an adequate opportunity for first-time buyers or investors seeking a property that needs further improvements to maximize its potential.
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
- 1
- Sqft (est)
- 627.54
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
- 339,299.00 £Increased by 1.34 %
- Est sale value
- 228,424.56 £Increased by 25.52 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est letting value
- 627.54 £/mo
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Walters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bracebridge Infant And Nursery School | Academy Converter | Good | 0.33 KM |
| Lincoln Bracebridge | Children's Centre Linked Site | 0.56 KM | |
| The Priory Academy Lsst | Academy Sponsor Led | Outstanding | 0.64 KM |
| Sir Francis Hill Community Primary School | Community School | Good | 1.33 KM |
| St Peter And St Paul, Catholic Voluntary Academy | Academy Converter | Good | 1.35 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Clayton Road | £ 138,000 | 0 | 0.00 KM |
| Francis Street | £ 110,000 | 0 | 0.00 KM |
| Witham Close | £ 180,000 | 0 | 0.00 KM |
| Holly Close | £ 0 | 0 | 0.00 KM |
| Craven Terrace | £ 130,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 2.47 KM |
| Hykeham | 6310 | HKM | 5.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Fairfax Street, Lincoln | £ 100,000 | BUY | 6 / 10 | 0.01 KM |
| Fairfax Street, Lincoln, LN5 | £ 140,000 | BUY | Unknown | 0.02 KM |
| Fairfax Street, Lincoln | £ 100,000 | BUY | 7 / 10 | 0.02 KM |
| Fairfax Street, Lincoln, Lincolnshire, LN5 | £ 100,000 | BUY | 4 / 10 | 0.02 KM |
| Fairfax Street, Lincoln, Lincolnshire, LN5 | £ 120,000 | BUY | 7 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 55 Fairfax Street | £ 130,000 | 0.01 KM |
| 13 Fairfax Street | £ 70,000 | 0.01 KM |
| 25 Fairfax Street | £ 52,950 | 0.01 KM |
| 9 Fairfax Street | £ 23,500 | 0.01 KM |
| 7 Fairfax Street | £ 28,950 | 0.01 KM |