Otters Cottages, Lincoln, Lincolnshire, LN5
By Pygott & Crone
£ 160,000
Reviews
3 out of 5 stars
Pygott & Crone says ..
Built in 1880 by a local builder named Mr Otter, this spacious 3 bedroom cottage style property is ideally situated in a sought after area, just south of Lincoln. This home is perfect for first time buyers, giving them the chance to settle into an already established community.
Property Oracle says ..
This end of terrace property is located in Lincoln, Lincolnshire, and is listed at £160,000. The property has three bedrooms and one bathroom, and is 684.70 sqft with a plot size of 801 sqft. The property benefits from a pleasant garden to the rear.
The property is situated within easy reach of several primary schools, including The Priory Academy Llst (0.38km) which has an outstanding Ofsted rating and Bracebridge Infant and Nursery School (0.54km) with a good Ofsted rating. The city centre of Lincoln is also within reasonable travelling distance.
Based on the images provided, the property appears to be in need of some modernisation and updating. Whilst the structure appears sound, the interior decor and fixtures require attention. The kitchen has recently been updated, however, the rest of the house would benefit from a refresh.
The average house price in the area is significantly higher at £339,216, and the average price per sqft is £312. Compared to nearby properties, the list price of £160,000 appears to be at the lower end of the market. However, the need for modernisation should be factored into any valuation. The smaller size of the property compared to the average in the area also contributes to its lower price.
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
- 6
- Location
- 8
- Land
- 7
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 684.70
- Lot (est)
- 801.00
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 %
- Est sale value
- 249,230.80 £Increased by 25.52 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est letting value
- 684.70 £/mo
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Pygott & Crone created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Priory Academy Lsst | Academy Sponsor Led | Outstanding | 0.38 KM |
| Bracebridge Infant And Nursery School | Academy Converter | Good | 0.54 KM |
| Lincoln Bracebridge | Children's Centre Linked Site | 0.81 KM | |
| Springwell Lincoln City Academy | Academy Alternative Provision Sponsor Led | 1.20 KM | |
| The Lincoln St Peter At Gowts Church Of England Primary School | Voluntary Controlled School | Good | 1.31 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Clayton Road | £ 138,000 | 0 | 0.00 KM |
| Craven Terrace | £ 130,000 | 0 | 0.00 KM |
| Francis Street | £ 110,000 | 0 | 0.00 KM |
| Craven Court | £ 0 | 0 | 0.00 KM |
| Bell Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 2.04 KM |
| Hykeham | 6310 | HKM | 5.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Otters Cottages, Lincoln, Lincolnshire, LN5 | £ 160,000 | BUY | 7 / 10 | 0.00 KM |
| Otters Cottages, Lincoln | £ 115,000 | BUY | 6 / 10 | 0.02 KM |
| Otters Cottages, Lincoln | £ 115,000 | BUY | Unknown | 0.03 KM |
| Otters Cottages, Lincoln, Lincolnshire, LN5 | £ 140,000 | BUY | 7 / 10 | 0.06 KM |
| Newark Road, Lincoln, Lincolnshire, LN5 | £ 140,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 81 Newark Road | £ 95,000 | 0.03 KM |
| 85 Newark Road | £ 115,000 | 0.04 KM |
| 11 Otters Cottages | £ 91,500 | 0.05 KM |
| 12 Otters Cottages | £ 90,000 | 0.05 KM |
| 10 Otters Cottages | £ 95,000 | 0.05 KM |