Monks Road, Lincoln, LN2
RE

Monks Road, Lincoln, LN2

By Realm 47 Ltd

£ 195,000

Reviews

3 out of 5 stars

Realm 47 Ltd says ..

An excellent investment opportunity, this generously sized 5-bedroom mid-terraced HMO offers an ideal blend of space, comfort, and convenience. Perfectly positioned in a central location, the property is just a short walk from the University of Lincoln, Lincoln College, a wealth of local amenities.

Property Oracle says ..

This property is located on Monks Road in Lincoln, close to Lincoln College and several other schools, making it potentially attractive to students or families. The provided images show a property that appears to be in good condition, recently renovated or refurbished. The kitchen and bathrooms look modern and clean. However, the plot size is listed as 0.00 sqft, indicating no garden. The list price of £195,000 seems relatively high compared to other nearby properties, especially considering the lack of outdoor space. More information on the square footage of comparable properties would be needed to make a definitive judgment on the price-to-square-foot ratio. The area appears to have a mix of property types and price points. Considering the proximity to educational institutions and the city center, the location score is relatively high. The condition of the property is excellent given the recent refurbishment. The absence of a garden significantly impacts the land score. The price, however, requires further comparison with similar properties in the area to determine its competitiveness.

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
6
Condition
9
Location
8
Land
1
Bedrooms
5
Bathrooms
1
Sqft (est)
908.69

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
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
391,645.39 £
Increased by 20.73 %
from 324,402.33 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
908.69 £/mo
Unchanged by 0.00 %
from 908.69 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Realm 47 Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln CollegeFurther EducationGood0.15 KM
Lincoln Abbey Children'S CentreChildren's Centre0.21 KM
Lincoln Minster SchoolOther Independent School0.37 KM
Lincoln UtcUniversity Technical CollegeGood0.47 KM
The Lincoln St Peter-In-Eastgate Church Of England (Controlled) Infants SchoolVoluntary Controlled SchoolOutstanding0.53 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
John Street £ 110,00000.00 KM
Montague Street £ 000.00 KM
Woodland View £ 214,95000.00 KM
Thomas Street £ 124,97500.00 KM
The Cloisters £ 230,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.14 KM
Hykeham6310HKM8.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Monks Road, Lincoln, LN2 £ 195,000BUY6 / 100.00 KM
St. Hugh Street, Lincoln £ 115,000BUYUnknown0.06 KM
Vine Street, Lincoln, LN2 £ 224,950BUY6 / 100.07 KM
Cheviot Street, Lincoln £ 180,000BUY6 / 100.10 KM
Baggholme Road, Lincoln £ 120,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
87 Monks Road £ 162,0000.04 KM
38a Monks Road £ 84,0000.07 KM
36 Monks Road £ 16,0000.07 KM
22 Vine Street £ 1,110,0000.07 KM
32 Vine Street £ 110,0000.07 KM