37-41 Ripon Street, Lincoln, Lincolnshire, LN5 7NJ
Brown&CoJHWalter logo

37-41 Ripon Street, Lincoln, Lincolnshire, LN5 7NJ

By Brown&CoJHWalter

£ 675,000

Reviews

3 out of 5 stars

Brown&CoJHWalter says ..

17 Bed Investment Property - Divided into three flats - Currently let at £8,500 pcm (£102,000 p/a) - Refurbished throughout - City Centre location - Close to University

Property Oracle says ..

This is a substantial flat located in Lincoln, Lincolnshire. The property offers 17 bedrooms and 6 bathrooms, making it suitable for a large family or multiple occupants. The internal photos suggest that the property is in a generally good condition, with modern kitchens and bathrooms. The property also benefits from a garden, although it is mostly paved. The location is reasonably convenient, with proximity to schools and Lincoln train station. The listing price is £675,000, which seems reasonable given the size of the property and the average price per sqft in the area. Overall, this property represents a good investment opportunity.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
6
Bedrooms
17
Bathrooms
6
Sqft (est)
23,820.00

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Est sale value
8,670,480.00 £
Increased by 25.52 %
from 6,907,800.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
23,820.00 £/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

  • Brown&CoJHWalter created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln Central And Bracebridge Children'S CentreChildren's Centre0.30 KM
The Lincoln Bishop King Church Of England Primary SchoolVoluntary Aided SchoolGood0.36 KM
Athena SchoolCommunity Special SchoolGood0.46 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.60 KM
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.63 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Lancaster Place £ 108,75000.00 KM
Palmer Street £ 000.00 KM
Charles Street £ 000.00 KM
St Andrews Close £ 000.00 KM
Kingsway £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.49 KM
Hykeham6310HKM7.47 KM

Nearby Listings

AddressPriceTypeScoreDistance
37-41 Ripon Street, Lincoln, Lincolnshire, LN5 7NJ £ 675,000BUY6 / 100.00 KM
Cross Street, Lincoln £ 135,000BUY6 / 100.04 KM
Cross Street, Lincoln £ 95,000BUY5 / 100.06 KM
Cross Street, Lincoln £ 118,000BUY6 / 100.07 KM
Chelmsford Street, Lincoln £ 120,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
75 Cross Street £ 62,7000.04 KM
77 Cross Street £ 110,0000.04 KM
66 Cross Street £ 80,0000.04 KM
68 Cross Street £ 28,0000.04 KM
70 Cross Street £ 80,0000.04 KM