Waterford Lane, Cherry Willingham, Lincoln
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Waterford Lane, Cherry Willingham, Lincoln

By Starkey & Brown

£ 230,000

Reviews

3 out of 5 stars

Starkey & Brown says ..

Located in a non estate position in the ever popular village of Cherry Willingham is this double bay fronted detached bungalow on Waterford Lane. The property would benefit from a scheme of modernisation works but however offers fantastic potential and stands upon a generous plot with ample room ...

Property Oracle says ..

This two-bedroom detached bungalow in Cherry Willingham, Lincolnshire, presents a mixed bag of opportunities and challenges for potential buyers. The location within the popular village of Cherry Willingham is a strong selling point, offering a balance of peaceful village living and convenient access to Lincoln via its 8.33km distance to the town. The nearby schools and presence of a garden further enhance its family appeal. The average price of surrounding streets provides a competitive range of comparison, which is beneficial.

However, the property clearly requires modernisation. The images reveal dated decor and finishes throughout the bungalow. Potential buyers should budget for necessary updates to the kitchen, bathroom, and potentially other areas to enhance its aesthetic appeal and functionality. A major renovation will increase costs. The relatively small plot size for a detached bungalow may be considered limiting, depending on buyer preferences.

Overall, the property represents a potentially sound investment, offering a chance to upgrade a property in a desirable location. Potential buyers should carefully assess the required renovation costs against the asking price before making a decision. The lack of information about the square footage for many nearby properties makes a conclusive analysis difficult.

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
5
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
1,035.49

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
324,984.00 £
Increased by 20.96 %
from 268,672.00 £
Est sale value
276,475.83 £
Increased by 3.09 %
from 268,191.91 £
Average area rental value
1,123.00 £/mo
Increased by 10.97 %
from 1,012.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.15 %
Decreased by 8.19 %
from 4.52 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Starkey & Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Cherry WillinghamChildren's Centre Linked Site0.48 KM
Cherry Willingham Primary AcademyAcademy Converter0.57 KM
The Priory Pembroke AcademyAcademy Sponsor Led1.32 KM
WashingboroughChildren's Centre Linked Site1.60 KM
Washingborough AcademyAcademy ConverterGood1.60 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Newton Drive £ 000.00 KM
Milton Close £ 000.00 KM
St John's Avenue £ 300,00000.00 KM
Pynder Close £ 289,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN8.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Waterford Lane, Cherry Willingham, Lincoln £ 230,000BUY6 / 100.00 KM
Waterford Lane, Cherry Willingham, Lincoln £ 270,000BUYUnknown0.01 KM
4 Orchard Close, Cherry Willingham, Lincoln LN3 4BA £ 50,000BUYUnknown0.10 KM
Foxford Lane, Cherry Willingham, Lincoln £ 565,000BUY7 / 100.10 KM
Orchard Close, Lincoln, LN3 £ 19,000BUY4 / 100.10 KM

Nearby Properties

AddressPriceDistance
41 Waterford Lane £ 249,9500.01 KM
31 Waterford Lane £ 280,0000.01 KM
61 Waterford Lane £ 220,0000.01 KM
87 Waterford Lane £ 184,0000.01 KM
59 Waterford Lane £ 150,0000.01 KM