Buttery Close, Lincoln
KI

Buttery Close, Lincoln

By Kinetic Estate Agents Limited

£ 112,500

Reviews

3 out of 5 stars

Kinetic Estate Agents Limited says ..

** FOR SALE BY THE MODERN METHOD OF AUCTION, FEES APPLY WITH NO ONWARD CHAIN ** ** IN NEED OF MODERNISATION - LARGE DOUBLE PLOT, POTENTIAL FOR DEVELOPMENT STPP ** Kinetic Estate Agents are delighted to present for sale this three bedroom semi detached house on Buttery Close in (cont.)

Property Oracle says ..

This three-bedroom semi-detached house in Lincoln, Lincolnshire, presents a mixed bag of opportunities and challenges. Located in Moorland, the property benefits from its proximity to well-regarded schools such as Ling Moor Primary Academy (rated Outstanding by Ofsted). The nearby train stations at Hykeham and Lincoln provide convenient transportation links.

The property’s significant selling point is its expansive garden, far exceeding the norm for properties in this area. The garden’s size and the additional space provided by various outbuildings (including a greenhouse and what appears to be a workshop) offer substantial potential for redevelopment or expansion, should the buyer choose to undertake renovations. The potential to add value through improvements is clearly a key factor for prospective buyers.

However, the property is clearly in need of significant modernisation. The interior photographs reveal outdated décor and fittings throughout. Carpets and wallpaper need replacing, and the kitchen and bathroom would require complete refurbishment. The overall impression is one of a property that has been well-maintained structurally but has not been updated for many years. Prospective buyers must budget for substantial renovation costs. This significant investment needs to be weighed against the property’s current list price, location, and land size. The condition of the property may make it less attractive to those seeking a move-in ready home, but will be appealing to investors or buyers willing to take on a renovation project.

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
4
Location
6
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
1,091.46

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
290,684.00 £
Increased by 64.24 %
from 176,988.00 £
Est sale value
234,663.90 £
Increased by 26.47 %
from 185,548.20 £
Average area rental value
995.00 £/mo
Increased by 6.65 %
from 933.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.11 %
Decreased by 35.07 %
from 6.33 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Kinetic Estate Agents Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
North HykehamChildren's Centre Linked Site0.73 KM
Ling Moor Primary AcademyAcademy ConverterOutstanding0.84 KM
Fosse Way AcademyAcademy ConverterGood1.04 KM
The Pilgrim SchoolCommunity Special SchoolGood1.54 KM
Hartsholme AcademyAcademy Sponsor Led1.54 KM

Images

Lounge Main Picture Entrance Hall Dining Room Conservatory Kitchen Bedroom One Bedroom Two Bathroom Auction Details Bedroom Three External Additional

Nearby Streets

NameAverage PriceAverage SqftDistance
A1434 £ 353,00000.00 KM
Richmond Lakes Path £ 120,00000.00 KM
Constable Close £ 195,00000.00 KM
A1434 £ 318,50000.00 KM
Saint Marys Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hykeham6310HKM1.78 KM
Lincoln6340LCN5.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Buttery Close, Lincoln £ 112,500BUY6 / 100.00 KM
Buttery Close, Lincoln £ 259,950BUY7 / 100.03 KM
Buttery Close, Lincoln £ 215,000BUY6 / 100.04 KM
Thirsk Drive, Lincoln £ 280,000BUY6 / 100.20 KM
Thirsk Drive, Lincoln, LN6 £ 335,000BUYUnknown0.20 KM

Nearby Properties

AddressPriceDistance
10 Buttery Close £ 147,5000.04 KM
1 Buttery Close £ 141,0000.04 KM
49 Buttery Close £ 215,0000.04 KM
6 Buttery Close £ 135,0000.04 KM
35 Buttery Close £ 135,0000.04 KM