Ferrous Way, North Hykeham, Lincoln, LN6
By Purplebricks
£ 47,500
Reviews
2 out of 5 stars
Purplebricks says ..
**25% SHARED OWNERSHIP** A modern and well-presented semi-detached home located on this popular estate in the highly desirable North Hykeham area. The accommodation comprises of; Entrance Hallway, Downstairs WC, Living Room / Dining Room which is open plan to fitted Kitchen with patio doors out ...
Property Oracle says ..
This three-bedroom semi-detached house in North Hykeham, Lincoln is listed at £47,500. The property appears to be in good condition based on the provided images, with a modern bathroom and kitchen. While the images show a small garden, the plot size is the same as the square footage of the house, suggesting a limited outdoor space. The location is close to several schools and the Hykeham train station, making it convenient for families and commuters. However, the list price is significantly lower than the average house price in the area (£617,857), and considerably lower than other nearby properties. This significant price difference warrants further investigation to understand the rationale behind the low asking price. The property may be suitable for first-time buyers or investors looking for a fixer-upper in a convenient location, but a thorough survey is recommended before purchasing.
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
- 3
- Condition
- 8
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 968.75
- Lot (est)
- 968.75
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
- 921,429.00 £Increased by 70.18 %
- Est sale value
- 1,089,843.75 £Increased by 95.99 %
- Average area rental value
- 1,672.00 £/moDecreased by 4.68 %
- Est letting value
- 1,937.50 £/moIncreased by 100.00 %
- Est rental Yield
- 2.18 %Decreased by 43.96 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North Hykeham Joint Sixth Form | Sixth Form Centres | 1.09 KM | |
| North Kesteven Academy | Academy Converter | Good | 1.09 KM |
| George Johnson Education Centre | Other Independent School | 1.29 KM | |
| Sir Robert Pattinson Academy | Academy Converter | Good | 1.57 KM |
| Manor Farm Academy | Academy Sponsor Led | Good | 1.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ley's Close | £ 600,000 | 0 | 0.00 KM |
| Whisby Road | £ 0 | 0 | 0.00 KM |
| Sadler Road | £ 0 | 0 | 0.00 KM |
| Saint Marys Road | £ 0 | 0 | 0.00 KM |
| Richmond Lakes Path | £ 120,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hykeham | 6310 | HKM | 0.35 KM |
| Lincoln | 6340 | LCN | 7.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ferrous Way, North Hykeham, Lincoln, LN6 | £ 47,500 | BUY | 5 / 10 | 0.00 KM |
| Ferrous Way, North Hykeham | £ 210,000 | BUY | 7 / 10 | 0.05 KM |
| Cupola Close, North Hykeham, LN6 | £ 170,000 | BUY | Unknown | 0.09 KM |
| Forge Way, Lincoln, LN6 | £ 93,750 | BUY | 5 / 10 | 0.09 KM |
| Ferrous Way, North Hykeham, Lincoln, Lincolnshire, LN6 | £ 170,000 | BUY | 6 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Ferrous Way | £ 150,000 | 0.01 KM |
| 48 Ferrous Way | £ 195,000 | 0.01 KM |
| 84 Ferrous Way | £ 175,000 | 0.01 KM |
| 12 Ferrous Way | £ 123,000 | 0.01 KM |
| 21 Ferrous Way | £ 209,999 | 0.09 KM |