Hungate, Lincoln
Starkey & Brown logo

Hungate, Lincoln

By Starkey & Brown

£ 185,000

Reviews

2 out of 5 stars

Starkey & Brown says ..

Offered for sale with no onward chain is this period 2 bedroom terrace property located in a prime city centre location. Being located yards from Spring Hill, St. Martin's Square and the main hub of Lincoln's shops, bars and restaurants the property makes for an ideal opportunity for thos...

Property Oracle says ..

This two-bedroom, two-bathroom property in Hungate, Lincoln, presents a mixed bag. The property’s location is a definite plus, offering a reasonable commute to Lincoln city centre with its wide range of amenities and services. The proximity to several well-regarded schools will be attractive to families. Transport links are also convenient.

However, the property’s condition requires attention. While the kitchen has undergone a recent modernisation, other rooms, particularly the living area, show signs of wear and tear. The wooden flooring is dated, and some areas show signs of damp or water damage requiring investigation and repair. The property will benefit from a significant amount of modernisation to bring it up to contemporary standards.

The outdoor space is limited to a relatively small rear yard, which is sufficient for basic needs.

The list price falls within a reasonable range based on nearby property prices; however, the absence of precise square footage data on comparable properties prevents a precise determination of its value for money. The required renovation work will, of course, impact the net cost of ownership and must be factored into any potential buyer’s decision-making process. Overall, this property offers a reasonable base for buyers willing to undertake further modernisation to enhance the property’s overall appeal and market value.

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
3
Bedrooms
2
Bathrooms
2
Sqft (est)
753.47

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 %
from 247,532.00 £
Est sale value
300,634.53 £
Increased by 112.23 %
from 141,652.36 £
Average area rental value
761.00 £/mo
Increased by 25.79 %
from 605.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.96 %
Increased by 1.02 %
from 2.93 %
Crime Rate
39.00 %
Unchanged by 0.00 %
from 39.00 %

Agent Activity

  • Starkey & Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincolnshire Secure UnitSecure Units0.58 KM
Westgate AcademyAcademy ConverterGood0.64 KM
Lincoln UtcUniversity Technical CollegeGood0.67 KM
University Of LincolnHigher Education InstitutionsGood0.86 KM
Lincoln CollegeFurther EducationGood0.93 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
High Street £ 000.00 KM
The Terrace £ 134,95000.00 KM
Wordsworth Street £ 000.00 KM
Guildhall Street £ 000.00 KM
Orchard Street £ 112,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.58 KM
Hykeham6310HKM7.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hungate, Lincoln £ 185,000BUY5 / 100.00 KM
Hungate, Lincoln £ 160,000BUYUnknown0.07 KM
Cordage Court, Lincoln £ 350,000BUY6 / 100.08 KM
Cordage Court, Lincoln £ 495,000BUY6 / 100.09 KM
West Parade, Lincoln, Lincolnshire, LN1 1NL £ 550,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
11 Hungate £ 122,5000.01 KM
9 Hungate £ 117,0000.01 KM
15 Hungate £ 152,5000.05 KM
14 Hungate £ 133,0000.05 KM
256 High Street £ 200,0000.07 KM