Otters Cottages, Lincoln, Lincolnshire, LN5
PY

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 %
from 334,823.00 £
Est sale value
249,230.80 £
Increased by 25.52 %
from 198,563.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
684.70 £/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

  • Pygott & Crone created the listing.

Nearby Schools

NameTypeOfstedDistance
The Priory Academy LsstAcademy Sponsor LedOutstanding0.38 KM
Bracebridge Infant And Nursery SchoolAcademy ConverterGood0.54 KM
Lincoln BracebridgeChildren's Centre Linked Site0.81 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led1.20 KM
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood1.31 KM

Images

1255830 (1) 1255830 (2) 1255830 (5) 67c70d1683196-l-1255830 (1) 1255830 (3) 1255830 (10) 1255830 (8) 1255830 (6) 1255830 (4) 1255830 (9) 1255830 (7) 67c83c608c7e9-l-1255830 (2) 1255830 (11) 1 2 3

Nearby Streets

NameAverage PriceAverage SqftDistance
Clayton Road £ 138,00000.00 KM
Craven Terrace £ 130,00000.00 KM
Francis Street £ 110,00000.00 KM
Craven Court £ 000.00 KM
Bell Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN2.04 KM
Hykeham6310HKM5.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Otters Cottages, Lincoln, Lincolnshire, LN5 £ 160,000BUY7 / 100.00 KM
Otters Cottages, Lincoln £ 115,000BUY6 / 100.02 KM
Otters Cottages, Lincoln £ 115,000BUYUnknown0.03 KM
Otters Cottages, Lincoln, Lincolnshire, LN5 £ 140,000BUY7 / 100.06 KM
Newark Road, Lincoln, Lincolnshire, LN5 £ 140,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
81 Newark Road £ 95,0000.03 KM
85 Newark Road £ 115,0000.04 KM
11 Otters Cottages £ 91,5000.05 KM
12 Otters Cottages £ 90,0000.05 KM
10 Otters Cottages £ 95,0000.05 KM