Vernon Street, LINCOLN, Lincolnshire, LN5
By Bairstow Eves
£ 120,000
Reviews
2 out of 5 stars
Bairstow Eves says ..
An excellent investment opportunity, this five-bedroom end-terrace property offers immediate rental income and strong yield potential. Currently tenanted until June 2026 at £1,125 per calendar month, the property provides a solid gross yield of around 11.25%, making it ideal for ...
Property Oracle says ..
This is a terraced property located on Vernon Street in Lincoln. It features 5 bedrooms and 2 bathrooms, with a total square footage of 995.66 sqft. The property is listed for £120,000, which is below the average price for the area. The property is located close to local schools and transportation links. However, the property appears to be in need of renovation. The limited land and garden space may be a drawback for some buyers. Overall, this property presents an opportunity for buyers looking for a project in a convenient location.
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
- 4
- Location
- 6
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 995.66
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
- 362,420.24 £Increased by 25.52 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est letting value
- 995.66 £/mo
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Bairstow Eves created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Lincoln St Peter At Gowts Church Of England Primary School | Voluntary Controlled School | Good | 0.58 KM |
| Springwell Lincoln City Academy | Academy Alternative Provision Sponsor Led | 0.76 KM | |
| University Of Lincoln | Higher Education Institutions | Good | 0.84 KM |
| Sir Francis Hill Community Primary School | Community School | Good | 1.16 KM |
| Lincolnshire Secure Unit | Secure Units | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dixon Street | £ 0 | 0 | 0.00 KM |
| Bell Street | £ 0 | 0 | 0.00 KM |
| Craven Court | £ 0 | 0 | 0.00 KM |
| Thyme Court | £ 0 | 0 | 0.00 KM |
| Saint Mark's Square | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 1.16 KM |
| Hykeham | 6310 | HKM | 6.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Vernon Street, Lincoln, LN5 | £ 160,000 | BUY | 7 / 10 | 0.00 KM |
| Vernon Street, LINCOLN, Lincolnshire, LN5 | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Princess Street, Lincoln | £ 125,000 | BUY | 5 / 10 | 0.05 KM |
| Princess Street, Lincoln, Lincolnshire, LN5 | £ 148,000 | BUY | 6 / 10 | 0.08 KM |
| Flat 1a & Flat 1b Boultham Avenue, & 78 High Street, Lincoln, Lincolnshire, LN5 | £ 280,000 | BUY | 6 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 72 Vernon Street | £ 110,000 | 0.00 KM |
| 84 Vernon Street | £ 125,000 | 0.00 KM |
| 56 Vernon Street | £ 115,000 | 0.00 KM |
| 82 Vernon Street | £ 90,000 | 0.00 KM |
| 80 Vernon Street | £ 19,000 | 0.00 KM |