Mundys says ..
A rare opportunity to purchase a Medieval Grade II Listed historic property, within a stones throw of Lincoln Cathedral and boasting private parking in a very quiet courtyard with an EV charge point. Parts of the property date back to 1258 and it is in the final stages of a comprehensive and high...
Property Oracle says ..
This property in Lincoln’s Minster area presents a unique blend of historical charm and modern updates. The building’s stone exterior and exposed timber beams inside showcase its rich heritage. Renovations appear to be underway or recently completed, evidenced by the stylishly fitted kitchen and at least one partially finished bathroom. However, several rooms remain unfinished, particularly with the floors and decorative finishes not yet installed. This suggests a significant opportunity for the new owner to put their personal stamp on the property while benefitting from the key elements of the renovation already completed. The small courtyard provides some outdoor space, however this is shared and is not extensive.
The location is a major plus, offering proximity to Lincoln Cathedral and various amenities, including well-regarded schools. The area’s historical significance and desirability are reflected in the pricing of nearby properties. The listed price itself appears within the range of comparable properties in the area. Nevertheless, potential buyers should account for the need to complete the ongoing refurbishment and factor these additional costs into their assessment of value. Therefore, the overall appeal of this property balances the advantages of its central location, character, and partial renovation with the need for further completion and the limited size of the garden.
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
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 2,158.70
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Metrics Year-on-Year
- Average area value
- 382,304.00 £Increased by 10.41 %
- Est sale value
- 917,447.50 £Increased by 23.91 %
- Average area rental value
- 1,370.00 £/moIncreased by 3.55 %
- Est letting value
- 2,158.70 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.30 %Decreased by 6.32 %
- Crime Rate
- 0.00 %
Agent Activity
Mundys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lincoln Utc | University Technical College | Good | 0.44 KM |
| Westgate Academy | Academy Converter | Good | 0.56 KM |
| The Lincoln St Peter-In-Eastgate Church Of England (Controlled) Infants School | Voluntary Controlled School | Outstanding | 0.66 KM |
| Lincoln Minster School | Other Independent School | 0.67 KM | |
| Lincoln College | Further Education | Good | 0.75 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Exchequergate | £ 0 | 0 | 0.00 KM |
| Rasen Lane | £ 0 | 0 | 0.00 KM |
| Wordsworth Street | £ 0 | 0 | 0.00 KM |
| Castle Hill | £ 0 | 0 | 0.00 KM |
| The Terrace | £ 134,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 1.14 KM |
| Hykeham | 6310 | HKM | 8.36 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| James Street, Lincoln | £ 2,000,000 | BUY | 7 / 10 | 0.00 KM |
| James Street, Lincoln | £ 925,000 | BUY | 6 / 10 | 0.00 KM |
| Eastgate, Lincoln, Lincolnshire, LN2 1QG | £ 2,650,000 | BUY | 9 / 10 | 0.07 KM |
| 2 Cottesford Place, James Street, Lincoln, Lincolnshire, LN2 1QF | £ 650,000 | BUY | 5 / 10 | 0.07 KM |
| James Street, Lincoln, Lincolnshire, LN2 | £ 599,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 James Street | £ 735,000 | 0.00 KM |
| 5 James Street | £ 1,230,000 | 0.05 KM |
| 16 James Street | £ 465,000 | 0.05 KM |
| 2 James Street | £ 356,000 | 0.05 KM |
| 14 James Street | £ 455,000 | 0.05 KM |