Vere Street, Lincoln, LN1
NE

Vere Street, Lincoln, LN1

By Newton Fallowell

£ 210,000

Reviews

3 out of 5 stars

Newton Fallowell says ..

**INVESTMENT OPPORTUNITY** Four bedroom HMO situated in Uphill Lincoln. This spacious semi detached house is located on Vere Street, just off Newport, to the north side of the city. The property comprises: Communal Entrance Hall, Four bedrooms with En-suite Shower Rooms over two floors and a c...

Property Oracle says ..

The property is a 4-bedroom, 5-bathroom semi-detached house located on Vere Street in Lincoln, Lincolnshire. It is listed at £210,000 and has a floor area of 1,520 sqft. The plot size is not specified. The property appears to be in generally good condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathrooms seem recently updated. The property benefits from a small, manageable garden. The location is excellent, within close proximity to several highly-rated schools including Mount Street Academy (Outstanding) and Westgate Academy (Good), and also Bishop Grosseteste University. Lincoln city centre and its amenities are easily accessible. Public transport links, including the East Midlands Railway line, are also conveniently located nearby. Considering the average house price in the area is £302,231 and the average price per sqft is £288, the list price of £210,000 for this 1,520 sqft property seems reasonable, potentially even slightly below average for the area, given its condition and location. However, the lack of plot size information prevents a complete assessment of value. Comparable properties in the immediate vicinity range from £114,000 to £355,000, indicating some price variation within the street.

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
7
Location
9
Land
4
Bedrooms
4
Bathrooms
5
Sqft (est)
1,520.00

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
556,320.00 £
Increased by 23.65 %
from 449,920.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
1,520.00 £/mo
Unchanged by 0.00 %
from 1,520.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Bishop Grosseteste UniversityHigher Education Institutions0.43 KM
Westgate AcademyAcademy ConverterGood0.49 KM
Mount Street AcademyAcademy ConverterOutstanding0.49 KM
Lincoln Castle AcademyAcademy ConverterGood0.65 KM
The St Francis Special School, LincolnCommunity Special SchoolOutstanding0.89 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rasen Lane £ 000.00 KM
Castle Street £ 105,00000.00 KM
Reservoir Street £ 000.00 KM
Castle Hill £ 000.00 KM
Exchequergate £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.64 KM
Hykeham6310HKM8.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
Vere Street, Lincoln, LN1 £ 210,000BUY6 / 100.00 KM
Spital Street, Lincoln, Lincolnshire, LN1 £ 165,000BUY6 / 100.03 KM
Spital Street, Lincoln £ 215,000BUY7 / 100.04 KM
Spital Street, £ 110,500BUY6 / 100.04 KM
Spital Street, Lincoln £ 190,000BUYUnknown0.04 KM

Nearby Properties

AddressPriceDistance
5 Vere Street £ 125,0000.00 KM
25 Vere Street £ 150,0000.00 KM
12 Vere Street £ 145,2500.00 KM
1 Vere Street £ 355,0000.00 KM
18 Vere Street £ 165,0000.00 KM