Abbot Street, LINCOLN, Lincolnshire, LN5
BA

Abbot Street, LINCOLN, Lincolnshire, LN5

By Bairstow Eves

£ 162,500

Reviews

2 out of 5 stars

Bairstow Eves says ..

Offered with no upward chain is this three 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. The accommodation comprises, entrance hallway, leading through to a bay front...

Property Oracle says ..

This three-bedroom terraced house in Lincoln’s Park area presents a mixed bag for potential buyers. Its location is a significant advantage, with good access to schools, transport links, and the city center. The proximity to well-regarded primary schools is particularly attractive to families. However, the property’s condition is a key consideration. While it’s currently liveable, it will likely require some cosmetic improvements and potentially further renovation to bring it up to modern standards. The internal photos reveal wear and tear; the decor seems dated, and carpets and paint are likely to require updating. The small, somewhat neglected backyard provides limited outdoor space, though it does have potential for improvement. The price point of £162,500 might be perceived as competitive, especially for first-time buyers or investors, given the area’s potential; however, the necessary improvements must be factored into the overall cost of acquisition. Overall, the property presents a decent investment opportunity, though a thorough inspection and costing of any renovations is crucial for prospective purchasers.

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
5
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
851.43

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
309,920.52 £
Increased by 25.52 %
from 246,914.70 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
851.43 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Bairstow Eves created the listing.

Nearby Schools

NameTypeOfstedDistance
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.17 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.26 KM
Athena SchoolCommunity Special SchoolGood0.58 KM
Lincoln Central And Bracebridge Children'S CentreChildren's Centre0.59 KM
The Lincoln Bishop King Church Of England Primary SchoolVoluntary Aided SchoolGood0.66 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St. Mark Street £ 000.00 KM
Arkill's Passage £ 000.00 KM
St Andrews Close £ 000.00 KM
Saint Mark's Square £ 000.00 KM
Dixon Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.62 KM
Hykeham6310HKM7.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
Abbot Street, LINCOLN, Lincolnshire, LN5 £ 162,500BUY5 / 100.00 KM
Nelthorpe Street, Lincoln, Lincolnshire, LN5 7SJ £ 115,000BUY6 / 100.04 KM
Scorer Street, Lincoln, Lincolnshire, LN5 £ 185,000BUY5 / 100.05 KM
Scorer Street, Lincoln, LN5 £ 145,000BUY6 / 100.05 KM
Scorer Street, Lincoln, LN5 £ 135,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
21 Abbot Street £ 105,0000.00 KM
6 Abbot Street £ 108,5000.00 KM
36 Abbot Street £ 145,0000.00 KM
8 Abbot Street £ 50,0000.00 KM
1 Abbot Street £ 142,0000.00 KM