Mundys says ..
An ideal opportunity for investors looking to enter or expand in Lincoln´s thriving student rental market. This well-presented HMO is currently let for the 2024/25 academic year at £29,070 and is also already let for 2025/26, offering an impressive gross yield of approximately 11.62%. T...
Property Oracle says ..
This terraced property is located on Avondale Street in Lincoln, within the Abbey locality. The area benefits from relatively close proximity to several schools, including Lincoln College (rated good by Ofsted) and several primary schools. Lincoln railway station is approximately 1.37km away, providing access to rail travel. The property itself is a five-bedroom, two-bathroom house with a total area of 1379.02 sqft and a plot size of 1261.53 sqft. Based on the provided images, the property appears to be in good condition, with a recently updated kitchen and bathrooms. The interior is presented well, and the property benefits from a small rear garden. However, there is some evidence of minor exterior wear and tear as seen in the front exterior photos. The list price of £250,000 is comparable to other similar properties in the area, but slightly below the average price of £340,786 for properties in the area. Considering the property’s size, condition, and location, the price seems reasonable.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 6
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 1,379.02
- Lot (est)
- 1,261.53
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 %
- Est sale value
- 594,357.62 £Increased by 20.73 %
- Average area rental value
- 1,334.00 £/moDecreased by 2.49 %
- Est letting value
- 1,379.02 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.57 %Decreased by 1.30 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Mundys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lincoln Abbey Children'S Centre | Children's Centre | 0.41 KM | |
| Lincoln College | Further Education | Good | 0.46 KM |
| Lincoln Minster School | Other Independent School | 0.57 KM | |
| Lincoln Monks Abbey Primary School | Community School | Good | 0.58 KM |
| The Lincoln St Peter-In-Eastgate Church Of England (Controlled) Infants School | Voluntary Controlled School | Outstanding | 0.70 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Thomas Street | £ 124,975 | 0 | 0.00 KM |
| John Street | £ 110,000 | 0 | 0.00 KM |
| Woodland View | £ 214,950 | 0 | 0.00 KM |
| Montague Street | £ 0 | 0 | 0.00 KM |
| The Cloisters | £ 230,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 1.37 KM |
| Hykeham | 6310 | HKM | 8.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Avondale Street, Lincoln | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Avondale Street, Lincoln | £ 250,000 | BUY | 7 / 10 | 0.00 KM |
| Thomas Street, Lincoln | £ 125,000 | BUY | 5 / 10 | 0.06 KM |
| Monks Road, Lincoln, LN2 | £ 250,000 | BUY | 5 / 10 | 0.13 KM |
| John Street, Lincoln | £ 115,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 33 Avondale Street | £ 185,000 | 0.00 KM |
| 9 Avondale Street | £ 220,000 | 0.00 KM |
| 20 Avondale Street | £ 170,000 | 0.00 KM |
| 3 Avondale Street | £ 199,000 | 0.00 KM |
| 19 Avondale Street | £ 123,000 | 0.00 KM |