Starkey & Brown says ..

Property Oracle says ..

This 6-bedroom, 3-bathroom property on Hereward Street in Lincoln’s Uphill area is presented as a House of Multiple Occupancy (HMO). Its proximity to Bishop Grosseteste University and the University of Lincoln makes it ideally suited for student tenants, and this is clearly highlighted in the marketing materials. The property features a recently updated kitchen and modern-looking bathrooms. The images show a generally clean and well-maintained interior, although the furnishings appear quite basic. The property includes a small rear garden with a paved patio and decking area. While the condition is good in terms of refurbishment and maintenance, the overall interior design and finish may be considered dated or functional rather than luxurious or stylish. A key piece of missing information is the precise square footage of the property, making a precise price-per-square-foot calculation impossible for a direct comparison with local averages. The pricing of comparable properties in the area is relatively similar, suggesting that the listing price is within the market range, though the lack of precise information on the size of other comparable properties prevents a conclusive assessment of value. The property’s suitability as a rental investment is clearly emphasised, with the listing highlighting the potential return from renting to students. Therefore, the ultimate value assessment would depend on the long-term rental income and associated costs.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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