Blankney Crescent, Lincoln
Starkey & Brown logo

Blankney Crescent, Lincoln

By Starkey & Brown

£ 215,000

Reviews

3 out of 5 stars

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

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
382,304.00 £
Increased by 10.41 %
from 346,255.00 £
Est sale value
433,083.50 £
Increased by 23.91 %
from 349,523.86 £
Average area rental value
1,370.00 £/mo
Increased by 3.55 %
from 1,323.00 £/mo
Est letting value
1,019.02 £/mo
Unchanged by 0.00 %
from 1,019.02 £/mo
Est rental Yield
4.30 %
Decreased by 6.32 %
from 4.59 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Starkey & Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Francis Special School, LincolnCommunity Special SchoolOutstanding0.39 KM
Lincoln Castle AcademyAcademy ConverterGood0.41 KM
Bishop Grosseteste UniversityHigher Education Institutions0.70 KM
Lincoln North And Carholme Children'S CentreChildren's Centre0.70 KM
Castle FuturesOther Independent SchoolGood0.78 KM

Images

Photo 3 Photo 4 Photo 5 Photo 6 Photo 1 Photo 2 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14

Nearby Streets

NameAverage PriceAverage SqftDistance
Graham Taylor Way £ 68,25000.00 KM
Pietermaritz Street £ 000.00 KM
Verdun Close £ 000.00 KM
Castle Street £ 105,00000.00 KM
Manor Road £ 450,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN2.66 KM
Hykeham6310HKM9.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Blankney Crescent, Lincoln £ 215,000BUY6 / 100.00 KM
Laughton Way, Ermine East, Lincoln £ 175,000BUY6 / 100.10 KM
Blankney Crescent, Lincoln LN2 £ 165,000BUY7 / 100.10 KM
Willingham Avenue, Lincoln LN2 £ 140,000BUY6 / 100.20 KM
Riseholme Road, Lincoln £ 750,000BUY7 / 100.21 KM

Nearby Properties

AddressPriceDistance
13 Blankney Crescent £ 2,600,0000.01 KM
7 Blankney Crescent £ 99,0000.01 KM
9 Blankney Crescent £ 115,0000.01 KM
31 Blankney Crescent £ 135,0000.01 KM
23 Blankney Crescent £ 129,5000.01 KM