Ripon Street, Lincoln, Lincolnshire, LN5
BA

Ripon Street, Lincoln, Lincolnshire, LN5

By Bairstow Eves

£ 145,000

Reviews

2 out of 5 stars

Bairstow Eves says ..

A two bed mid terraced house offering ideal space over two floors and situated in central Lincoln. This would be ideal for first time buyers or as an investment property. Currently let as a student rental for the 25/26 academic year at a rental of £1425 pcm. Available with no upw...

Property Oracle says ..

This two-bedroom, two-bathroom terraced house in Lincoln, Lincolnshire, is listed at £145,000. The property is situated on Ripon Street, which has relatively easy access to Lincoln City Centre and its amenities. The property’s location is fairly convenient, with multiple schools, including some with good Ofsted ratings, located within walking distance. A railway station is also closeby, offering good transport links.

However, the property’s condition appears to require some work. The interior photos reveal a need for redecoration and possibly some repairs. The furniture is old and the overall condition needs immediate attention before the property can be considered habitable for new owners. The exterior photo reveals the property is in a row of terraced houses; however, its immediate surroundings seem somewhat neglected. The presence of a small rear garden adds value, but again, it appears unkempt and in need of significant improvement.

In summary, the property presents a mixed picture. While the location and price might be seen as attractive, particularly for investors, the property’s condition is the main drawback. Prospective buyers should factor in the costs of renovation and improvements before making a decision.

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
7
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
1,056.00

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Est sale value
384,384.00 £
Increased by 25.52 %
from 306,240.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
1,056.00 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Bairstow Eves created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln Central And Bracebridge Children'S CentreChildren's Centre0.28 KM
The Lincoln Bishop King Church Of England Primary SchoolVoluntary Aided SchoolGood0.32 KM
Athena SchoolCommunity Special SchoolGood0.48 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.71 KM
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.76 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Palmer Street £ 000.00 KM
Lancaster Place £ 108,75000.00 KM
Charles Street £ 000.00 KM
St Andrews Close £ 000.00 KM
Kingsway £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.56 KM
Hykeham6310HKM7.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ripon Street, Lincoln, Lincolnshire, LN5 £ 145,000BUY5 / 100.00 KM
Ripon Street, Lincoln, Lincolnshire, LN5 £ 172,500BUY5 / 100.02 KM
Ripon Street, Lincoln, Lincolnshire, LN5 £ 180,000BUY6 / 100.02 KM
Ripon Street, Lincoln £ 139,000BUYUnknown0.03 KM
Lonsdale Place, Lincoln, Lincolnshire, LN5 £ 115,000BUY7 / 100.05 KM

Nearby Properties

AddressPriceDistance
50 Ripon Street £ 81,5000.00 KM
106 Ripon Street £ 145,0000.00 KM
108 Ripon Street £ 125,0000.00 KM
102 Ripon Street £ 138,0000.00 KM
68 Ripon Street £ 105,0000.00 KM