Crown Mill Vernon Street, Lincoln, Lincolnshire, LN5
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Crown Mill Vernon Street, Lincoln, Lincolnshire, LN5

By Pygott & Crone

£ 160,000

Reviews

2 out of 5 stars

Pygott & Crone says ..

A stunning two-bedroom apartment in a converted mill situated in the popular Crown Mill development. The apartment has been comprehensively updated by the current owner to offer a stylish home, making this a one of a kind property for first time buyers, downsizers or investors.

Property Oracle says ..

This two-bedroom apartment in Lincoln’s Boultham area, situated within the Crown Mill complex, presents an attractive proposition for potential buyers. The property benefits from a modern, well-presented interior featuring a stylishly renovated kitchen and bathroom. The open-plan living space is spacious and flooded with natural light, enhanced by the large arched windows, characteristic of the building’s converted mill structure. The location offers proximity to Lincoln city centre, providing easy access to employment opportunities, cultural attractions, and excellent transport links such as the nearby Lincoln train station. The proximity to several good-rated schools also enhances its family-friendly appeal. However, a major drawback is the complete absence of any outdoor space. This is a significant limitation for those seeking a property with a garden or even a small patio area. Overall, the property represents a suitable option for young professionals or couples who prioritise location and a modern interior over having an outdoor space. The price appears competitive in the context of the Lincoln property market, reflecting the balance between the advantages and limitations of the property. While requiring no major renovations, some minor cosmetic improvements may still be considered to further enhance its overall appeal.

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
7
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
775.00

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
177,500.00 £
Decreased by 9.70 %
from 196,562.00 £
Est sale value
88,350.00 £
Decreased by 44.93 %
from 160,425.00 £
Average area rental value
1,212.00 £/mo
Increased by 40.12 %
from 865.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
8.19 %
Increased by 55.11 %
from 5.28 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Pygott & Crone created the listing.

Nearby Schools

NameTypeOfstedDistance
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.45 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.64 KM
University Of LincolnHigher Education InstitutionsGood0.81 KM
Athena SchoolCommunity Special SchoolGood1.14 KM
Lincolnshire Secure UnitSecure Units1.15 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Dixon Street £ 000.00 KM
Bell Street £ 000.00 KM
Saint Mark's Square £ 000.00 KM
Craven Court £ 000.00 KM
Ropewalk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.04 KM
Hykeham6310HKM6.47 KM

Nearby Listings

AddressPriceTypeScoreDistance
Crown Mill Vernon Street, Lincoln, Lincolnshire, LN5 £ 160,000BUY5 / 100.00 KM
Crown Mill Vernon Street, Lincoln, Lincolnshire, LN5 £ 165,000BUY6 / 100.00 KM
Crown Mill , Princess Street, Lincoln £ 235,000BUY6 / 100.02 KM
Crown Mill, Vernon Street, Lincoln £ 200,000BUY5 / 100.02 KM
Vernon Street, Lincoln £ 160,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
84 Princess Street £ 132,5000.04 KM
Crown Mill Cottage £ 104,0000.04 KM
86 Princess Street £ 130,0000.04 KM
80 Princess Street £ 143,0000.04 KM
104 Foster Street £ 76,0000.09 KM