Station Road, North Hykeham, Lincoln
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Station Road, North Hykeham, Lincoln

By Starkey & Brown

£ 360,000

Reviews

2 out of 5 stars

Starkey & Brown says ..

GREAT INVESTMENT!! £20,800 GROSS INCOME PER ANNUM!! Located within the desirable North Hykeham area of Lincoln, within walking distance of North Hykeham train station and a wide variety of amenities is this superb investment opportunity on Station Road. This extended, detached freehold prop...

Property Oracle says ..

This three-bedroom, three-bathroom property located on Station Road, North Hykeham, Lincoln, presents a mixed bag in terms of its overall appeal. The property’s biggest asset lies in its location. The proximity to North Hykeham train station and several highly-rated schools (North Kesteven Academy, Sir Robert Pattinson Academy, and Ling Moor Primary Academy all nearby) makes it attractive to families. The property also benefits from having a small garden, however, the landscaping could be significantly improved. Internally, the property shows its age. The décor is dated, and while functional, the kitchen and bathrooms could use modernization. The overall condition is reasonable but would require investment to bring it to a more contemporary standard. The absence of nearby comparable property listings unfortunately prevents a full and accurate assessment of its market value. Whilst the price seems reasonable based on general Lincolnshire market expectations for a property of this size and location, a thorough market appraisal would be necessary to confirm its value. In conclusion, the property presents a decent opportunity for a buyer looking for a property in a good location with potential for refurbishment, but the buyer must be prepared for necessary improvements.

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
3
Bathrooms
3
Sqft (est)
1,414.38

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
921,429.00 £
Increased by 70.18 %
from 541,443.00 £
Est sale value
1,591,177.50 £
Increased by 95.99 %
from 811,854.12 £
Average area rental value
1,672.00 £/mo
Decreased by 4.68 %
from 1,754.00 £/mo
Est letting value
2,828.76 £/mo
Increased by 100.00 %
from 1,414.38 £/mo
Est rental Yield
2.18 %
Decreased by 43.96 %
from 3.89 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Starkey & Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
North Kesteven AcademyAcademy ConverterGood0.34 KM
North Hykeham Joint Sixth FormSixth Form Centres0.34 KM
Sir Robert Pattinson AcademyAcademy ConverterGood0.80 KM
The North Hykeham All Saints Church Of England Primary SchoolVoluntary Controlled SchoolGood0.90 KM
Ling Moor Primary AcademyAcademy ConverterOutstanding1.10 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Ley's Close £ 600,00000.00 KM
Saint Marys Road £ 000.00 KM
Richmond Lakes Path £ 120,00000.00 KM
A1434 £ 318,50000.00 KM
Saint Georges Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hykeham6310HKM0.67 KM
Lincoln6340LCN7.60 KM

Nearby Listings

AddressPriceTypeScoreDistance
Station Road, North Hykeham, Lincoln £ 360,000BUY5 / 100.00 KM
Station Road, North Hykeham, LN6 £ 300,000BUY7 / 100.00 KM
Station Road, North Hykeham £ 180,000BUYUnknown0.07 KM
Plot 1 Bowlers Court, North Hykeham, Lincoln, Lincolnshire, LN6 £ 595,000BUY6 / 100.08 KM
Hamilton Road, North Hykeham, Lincoln, Lincolnshire, LN6 £ 190,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
34 Station Road £ 78,0000.00 KM
3 Station Road £ 124,0000.00 KM
5 Station Road £ 116,0000.00 KM
55 Station Road £ 119,0000.00 KM
42 Station Road £ 168,0000.00 KM