Fairfax Street, Lincoln, LN5
WA

Fairfax Street, Lincoln, LN5

By Walters

£ 125,000

Reviews

2 out of 5 stars

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 %
from 334,823.00 £
Est sale value
228,424.56 £
Increased by 25.52 %
from 181,986.60 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
627.54 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Walters created the listing.

Nearby Schools

NameTypeOfstedDistance
Bracebridge Infant And Nursery SchoolAcademy ConverterGood0.33 KM
Lincoln BracebridgeChildren's Centre Linked Site0.56 KM
The Priory Academy LsstAcademy Sponsor LedOutstanding0.64 KM
Sir Francis Hill Community Primary SchoolCommunity SchoolGood1.33 KM
St Peter And St Paul, Catholic Voluntary AcademyAcademy ConverterGood1.35 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Clayton Road £ 138,00000.00 KM
Francis Street £ 110,00000.00 KM
Witham Close £ 180,00000.00 KM
Holly Close £ 000.00 KM
Craven Terrace £ 130,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN2.47 KM
Hykeham6310HKM5.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fairfax Street, Lincoln £ 100,000BUY6 / 100.01 KM
Fairfax Street, Lincoln, LN5 £ 140,000BUYUnknown0.02 KM
Fairfax Street, Lincoln £ 100,000BUY7 / 100.02 KM
Fairfax Street, Lincoln, Lincolnshire, LN5 £ 100,000BUY4 / 100.02 KM
Fairfax Street, Lincoln, Lincolnshire, LN5 £ 120,000BUY7 / 100.02 KM

Nearby Properties

AddressPriceDistance
55 Fairfax Street £ 130,0000.01 KM
13 Fairfax Street £ 70,0000.01 KM
25 Fairfax Street £ 52,9500.01 KM
9 Fairfax Street £ 23,5000.01 KM
7 Fairfax Street £ 28,9500.01 KM