Starkey & Brown says ..
OFFERED FOR SALE WITH NO ONWARD CHAIN is this extended 5 bedroom semi detached HMO property. Currently having 5 bedrooms over two floors, with 3 of the rooms currently rented out for £110pw, £110pw and £80pw. Being well presented throughout, the property comes with two bathrooms...
Property Oracle says ..
This 5-bedroom, 2-bathroom semi-detached property in Lincoln, Lincolnshire, is listed for £215,000. The property’s main selling point is its size; offering five bedrooms, making it suitable for a large family or as a potential HMO (House of Multiple Occupancy). The location in Minster offers reasonable proximity to schools and transportation links to Lincoln city center. The included garden adds to its appeal, though its size is unclear. The property’s condition appears to be adequate, though some improvements could enhance its value. The kitchen and bathrooms seem functional but might benefit from modernization. The images show basic furnishings and a relatively clean and tidy condition. A lack of information regarding square footage limits a full evaluation. Comparative pricing within Blankney Crescent shows that the price might be at the higher end, given the relatively low price of other similar semi-detached properties, but the potential rental income from the HMO use-case potentially justifies the price. However, further investigation is needed to fully assess the property’s market value and potential rental income, taking into account the costs involved in preparing the property for occupancy.
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
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 1,019.02
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Metrics Year-on-Year
- Average area value
- 382,304.00 £Increased by 10.41 %
- Est sale value
- 433,083.50 £Increased by 23.91 %
- Average area rental value
- 1,370.00 £/moIncreased by 3.55 %
- Est letting value
- 1,019.02 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.30 %Decreased by 6.32 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Starkey & Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The St Francis Special School, Lincoln | Community Special School | Outstanding | 0.39 KM |
| Lincoln Castle Academy | Academy Converter | Good | 0.41 KM |
| Bishop Grosseteste University | Higher Education Institutions | 0.70 KM | |
| Lincoln North And Carholme Children'S Centre | Children's Centre | 0.70 KM | |
| Castle Futures | Other Independent School | Good | 0.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Graham Taylor Way | £ 68,250 | 0 | 0.00 KM |
| Pietermaritz Street | £ 0 | 0 | 0.00 KM |
| Verdun Close | £ 0 | 0 | 0.00 KM |
| Castle Street | £ 105,000 | 0 | 0.00 KM |
| Manor Road | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 2.66 KM |
| Hykeham | 6310 | HKM | 9.27 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Blankney Crescent, Lincoln | £ 215,000 | BUY | 6 / 10 | 0.00 KM |
| Laughton Way, Ermine East, Lincoln | £ 175,000 | BUY | 6 / 10 | 0.10 KM |
| Blankney Crescent, Lincoln LN2 | £ 165,000 | BUY | 7 / 10 | 0.10 KM |
| Willingham Avenue, Lincoln LN2 | £ 140,000 | BUY | 6 / 10 | 0.20 KM |
| Riseholme Road, Lincoln | £ 750,000 | BUY | 7 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Blankney Crescent | £ 2,600,000 | 0.01 KM |
| 7 Blankney Crescent | £ 99,000 | 0.01 KM |
| 9 Blankney Crescent | £ 115,000 | 0.01 KM |
| 31 Blankney Crescent | £ 135,000 | 0.01 KM |
| 23 Blankney Crescent | £ 129,500 | 0.01 KM |