Mill Lane, Lincoln
By Kinetic Estate Agents Limited
£ 100,000
Reviews
2 out of 5 stars
Kinetic Estate Agents Limited says ..
*** LAND SITE READY TO BUILD A BLOCK OF 3 APARTMENTS SITUATED IN A CENTRAL LOCATION TO LINCOLN CITY *** OFFERS IN EXCESS OF £100,000 Kinetic Estate Agents are delighted to offer for sale this piece of land with all the foundation works complete, drain connections made, SAP calc (cont.)
Property Oracle says ..
This listing presents a development opportunity in a desirable Lincoln location. The property is actually a building plot with foundation works already completed, making it ready for development. The site is located in Boultham, which is known for its proximity to Lincoln city centre, the university, and several schools. This makes it an attractive location for residential development. However, the lack of specific details concerning plot size, and building plans beyond the provided schematics, creates uncertainty in assessing the full potential and ultimate value. The absence of key property metrics like square footage and number of bedrooms/bathrooms limits a comprehensive evaluation of the asking price. Further investigation into planning permissions and potential build costs is essential before making a fully informed decision. The current price is a starting point, but it needs to be measured against the cost of construction and projected sale or rental income. The images show a cleared, prepared plot, suggesting minimal preparation work is required before construction, although details about ground conditions, services availability, and potential planning restrictions would inform a complete appraisal.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 5
- Bedrooms
- 0
- Bathrooms
- 0
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
- 177,500.00 £Decreased by 9.70 %
- Average area rental value
- 1,212.00 £/moIncreased by 40.12 %
- Est rental Yield
- 8.19 %Increased by 55.11 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Kinetic Estate Agents Limited marked this listing as sold.
Kinetic Estate Agents Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Lincoln St Peter At Gowts Church Of England Primary School | Voluntary Controlled School | Good | 0.18 KM |
| Springwell Lincoln City Academy | Academy Alternative Provision Sponsor Led | 0.39 KM | |
| Athena School | Community Special School | Good | 0.88 KM |
| University Of Lincoln | Higher Education Institutions | Good | 0.89 KM |
| Lincoln Central And Bracebridge Children'S Centre | Children's Centre | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dixon Street | £ 0 | 0 | 0.00 KM |
| Bell Street | £ 0 | 0 | 0.00 KM |
| Saint Mark's Square | £ 0 | 0 | 0.00 KM |
| Ropewalk | £ 0 | 0 | 0.00 KM |
| St. Mark Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 0.86 KM |
| Hykeham | 6310 | HKM | 6.69 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Vernon Street, Lincoln, LN5 | £ 130,000 | BUY | 4 / 10 | 0.12 KM |
| High Street, Lincoln | £ 115,000 | BUY | 6 / 10 | 0.13 KM |
| Alfred Street, Lincoln | £ 190,000 | BUY | 5 / 10 | 0.14 KM |
| Foster Street, Lincoln, LN5 | £ 280,000 | BUY | 6 / 10 | 0.19 KM |
| Foster Street, Lincoln, LN5 | £ 140,000 | BUY | 5 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 91a High Street | £ 125,000 | 0.05 KM |
| 93a High Street | £ 120,000 | 0.05 KM |
| 98a High Street | £ 79,550 | 0.05 KM |
| 2a Mill Lane | £ 105,000 | 0.08 KM |
| 4a Mill Lane | £ 105,000 | 0.10 KM |