West Parade, Lincoln, Lincolnshire, LN1
By Bairstow Eves
£ 335,000
Reviews
3 out of 5 stars
Bairstow Eves says ..
An exceptional opportunity to acquire a fully licensed six-bedroom HMO, ideally situated on the ever-popular West Parade in Lincoln. Currently let for the upcoming academic year at £630 per room per month, with bills included, this fully furnished property offers a strong and immediate rent...
Property Oracle says ..
The property is located on West Parade in Lincoln, Lincolnshire. It\’s a semi-detached house with six bedrooms and two bathrooms, spanning 1,128.38 square feet on a 1,267.99 square foot plot. The list price is £335,000.
The property appears to be in good condition based on the provided images. The interior is modern, with a recently updated kitchen and bathrooms. While some of the flooring appears dated, the overall condition is well-maintained. The exterior is also in good condition, with no visible signs of significant damage or disrepair. There is a small yard/garden to the rear of the property.
The location is excellent; it is close to several schools, including The St Faith\’s Church of England Infant and Nursery School (0.13 km), Carholme Children\’s Centre (0.22 km), and The St Faith and St Martin Church of England Junior School (0.69 km). The property is also within a reasonable distance of Lincoln railway station (2.03 km).
Considering the property\’s size, condition, location and the average price per square foot in the area (£241.00), the list price of £335,000 appears slightly higher than average, but not unreasonable given its size and location. The average price for properties in the area is £259,654, and the average property size is 1,073 sqft. This property is larger than average and in a desirable location. Nearby comparable properties support this assessment, although a lack of sqft data for these properties limits the direct comparison.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 9
- Land
- 4
- Bedrooms
- 6
- Bathrooms
- 2
- Sqft (est)
- 1,128.38
- Lot (est)
- 1,267.99
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 %
- Est sale value
- 450,223.62 £Increased by 112.23 %
- Average area rental value
- 761.00 £/moIncreased by 25.79 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.96 %Increased by 1.02 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Bairstow Eves created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The St Faith'S Church Of England Infant And Nursery School, Lincoln | Voluntary Controlled School | Good | 0.13 KM |
| Carholme Children'S Centre | Children's Centre Linked Site | 0.22 KM | |
| The St Faith And St Martin Church Of England Junior School, Lincoln | Voluntary Controlled School | Good | 0.69 KM |
| University Of Lincoln | Higher Education Institutions | Good | 1.17 KM |
| Lincolnshire Secure Unit | Secure Units | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Meadowsweet Close | £ 0 | 0 | 0.00 KM |
| Hampton Court | £ 0 | 0 | 0.00 KM |
| Saltergate | £ 0 | 0 | 0.00 KM |
| Poplar Avenue | £ 0 | 0 | 0.00 KM |
| Saltergate | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 2.03 KM |
| Hykeham | 6310 | HKM | 6.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| West Parade, Lincoln, Lincolnshire, LN1 | £ 335,000 | BUY | 7 / 10 | 0.00 KM |
| 7 Norfolk Street, Lincoln, Lincolnshire, LN1 1SA | £ 178,000 | BUY | Unknown | 0.07 KM |
| Hewson Road, Lincoln | £ 230,000 | BUY | 5 / 10 | 0.10 KM |
| Hewson Road, Lincoln, LN1 | £ 240,000 | BUY | 7 / 10 | 0.17 KM |
| Hewson Road, Lincoln | £ 199,950 | BUY | 5 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 195 West Parade | £ 380,000 | 0.00 KM |
| 189 West Parade | £ 167,000 | 0.00 KM |
| 8 Norfolk Street | £ 110,000 | 0.07 KM |
| 3 Norfolk Street | £ 120,000 | 0.07 KM |
| 5 Norfolk Street | £ 129,950 | 0.07 KM |