Sincil Bank, Lincoln, Lincolnshire, LN5
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Sincil Bank, Lincoln, Lincolnshire, LN5

By Pygott & Crone

£ 114,500

Reviews

2 out of 5 stars

Pygott & Crone says ..

Pygott and Crone are delighted to present this 3 Bedroom property ideally situated within close proximity to Lincoln's City Centre The property lends itself to being an ideal First Time Buy or potential Investment property. The spacious accommodation briefly comprises;...

Property Oracle says ..

This three-bedroom terraced house in Lincoln’s Sincil Bank area presents a mixed bag. Its location offers several advantages. Lincoln city centre is within easy reach, providing access to a range of amenities, shops, and restaurants. The proximity to several well-regarded primary schools is a definite plus, making it a potentially attractive option for families. A train station is also relatively close by. However, Sincil Bank, while convenient, is not typically recognised as one of the most desirable residential areas of Lincoln.

In terms of condition, the property appears liveable, but it’s apparent that some updating is necessary. The kitchen and bathroom appear dated and could benefit from modernisation. While the living areas seem reasonably maintained, a fresh coat of paint and some updated fixtures would considerably improve the overall aesthetic appeal. The property does benefit from a rear yard, which might offer space for a patio and seating, but the overall plot size is limited.

The list price of £114,500 seems competitive relative to some nearby comparable properties, although the lack of definitive square footage data for these properties complicates the detailed price comparison. It appears to be a fair price for a property in its condition and location, particularly given the location’s convenience and access to good schools. Potential buyers should factor in costs for modernisation and renovation to bring it up to their desired standard.

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
7
Condition
6
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
1,165.00

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Est sale value
424,060.00 £
Increased by 25.52 %
from 337,850.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
1,165.00 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Pygott & Crone marked this listing as sold.

  • Pygott & Crone created the listing.

Nearby Schools

NameTypeOfstedDistance
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.39 KM
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.39 KM
Lincoln Central And Bracebridge Children'S CentreChildren's Centre0.43 KM
Athena SchoolCommunity Special SchoolGood0.48 KM
The Lincoln Bishop King Church Of England Primary SchoolVoluntary Aided SchoolGood0.50 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St Andrews Close £ 000.00 KM
Lancaster Place £ 108,75000.00 KM
Palmer Street £ 000.00 KM
Charles Street £ 000.00 KM
Arkill's Passage £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.51 KM
Hykeham6310HKM7.23 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nelthorpe Street, Lincoln, LN5 £ 159,995BUY4 / 100.08 KM
Sincil Bank, Lincoln, Lincolnshire, LN5 7TQ £ 158,545BUYUnknown0.10 KM
Nelthorpe Street, Lincoln, Lincolnshire, LN5 £ 160,000BUY6 / 100.11 KM
Kirkby Street, Lincoln £ 160,000BUY5 / 100.11 KM
Nelthorpe Street, Lincoln, Lincolnshire, LN5 £ 170,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
65 Sincil Bank £ 85,0000.01 KM
61 Sincil Bank £ 117,0000.01 KM
50 Sincil Bank £ 110,0000.01 KM
68 Sincil Bank £ 114,0000.01 KM
66 Sincil Bank £ 95,0000.01 KM