Eastgate House, Wragby Road, Lincoln, Lincolnshire, LN2 5SL
By Brown&CoJHWalter
£ 1,150,000
Reviews
3 out of 5 stars
Brown&CoJHWalter says ..
Substantial period property - Extending to around 17,000 sq ft - Situated in prime uphill Lincoln - Extensive mature grounds - Suitable for redevelopment subject to any relevant planning consent
Property Oracle says ..
Eastgate House, located in the highly desirable Uphill Lincoln area, presents a unique opportunity. This substantial period property, extending to around 17,000 sq ft, boasts a prime location close to Lincoln Cathedral and multiple schools, including the highly-rated The Lincoln St Peter-In-Eastgate Church of England Infants School and Lincoln Minster School. The property shows its age through external photos, however appears structurally sound and habitable. The extensive mature grounds further add to its appeal, though the precise plot size is unfortunately not provided. The provided photos show the property as a large substantial property that would likely benefit from extensive modernisation work. The list price of £1,150,000 requires careful consideration. While the location and size are undeniably advantageous, the age and the likely renovation needs should be factored into any purchasing decision. A comprehensive survey would be essential before making any significant commitment. Compared to other properties in the area, it’s worth considering if it’s over-priced. While the location is strong and there’s potential, potential buyers should not overlook the substantial refurbishment works needed and weigh up the price against this. The lack of bedroom and bathroom details makes the property challenging to assess accurately in terms of pricing, however given the lack of specific comparable properties nearby, the price should be considered with caution. A thorough professional inspection is crucial before proceeding with a purchase. Considering the size and location, the property may represent excellent value for money should potential renovation costs be factored into the overall price.
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
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 15,258.80
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Metrics YoY
- Area value
- 100 £
- Rental value
- 20 £
- Rental Yield
- 20 %
- Crime Rate
- 0 %
Agent Activity
Brown&CoJHWalter marked this listing as sold.
Brown&CoJHWalter created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
The Lincoln St Peter-In-Eastgate Church Of England (Controlled) Infants School | Voluntary Controlled School | Outstanding | 0.23 KM |
Lincoln Minster School | Other Independent School | 0.23 KM | |
Lincoln College | Further Education | Good | 0.54 KM |
Lincoln Utc | University Technical College | Good | 0.67 KM |
Lincoln Abbey Children'S Centre | Children's Centre | 0.69 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
The Cloisters | £ 230,000 | 0 | 0.00 KM |
Woodland View | £ 214,950 | 0 | 0.00 KM |
John Street | £ 110,000 | 0 | 0.00 KM |
Thomas Street | £ 124,975 | 0 | 0.00 KM |
Montague Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Lincoln | 6340 | LCN | 1.54 KM |
Hykeham | 6310 | HKM | 9.03 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Eastgate House, Wragby Road, Lincoln, Lincolnshire, LN2 5SL | £ 1,150,000 | BUY | 6 / 10 | 0.00 KM |
Lindum Terrace, Lincoln | £ 1,200,000 | BUY | Unknown | 0.18 KM |
Hillside House, Lindum Terrace, Lincoln, Lincolnshire, LN2 5RW | £ 750,000 | BUY | 6 / 10 | 0.21 KM |
Wragby Road, Lincoln | £ 130,000 | BUY | 4 / 10 | 0.23 KM |
Stanway House, Greetwell Road, Lincoln, Lincolnshire, LN2 4AQ | £ 1,150,000 | BUY | 7 / 10 | 0.25 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
5 Princess Royal Close | £ 316,000 | 0.07 KM |
4 Princess Royal Close | £ 420,000 | 0.07 KM |
28 The Cloisters | £ 157,000 | 0.13 KM |
12 The Cloisters | £ 175,500 | 0.13 KM |
5 The Cloisters | £ 275,000 | 0.13 KM |