Bargate, Lincoln, Lincolnshire, LN5
BA

Bargate, Lincoln, Lincolnshire, LN5

By Bairstow Eves

£ 104,995

Reviews

2 out of 5 stars

Bairstow Eves says ..

DATE OF NOTICE: 02/12/2024 24 Bargate, Lincoln, LN5 8DD We advise that an offer has been made for the above property in the sum of £102,000.00 Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.

Property Oracle says ..

This three-bedroom terraced house in Lincoln presents a mixed opportunity for potential buyers. Its location in Bargate offers reasonably convenient access to Lincoln city centre and a range of amenities, including primary and secondary schools with good Ofsted ratings. The proximity to Lincoln railway station is also beneficial for commuters. However, the property’s condition is the most significant concern. The interior images clearly show a property in need of extensive renovation. Walls require repainting, flooring needs replacing, and both the kitchen and bathroom seem dated and will necessitate a full refurbishment. The small rear yard provides minimal outdoor space and is also overgrown. The overall state of the property means significant financial investment will be required to bring it up to a habitable standard. The list price aligns broadly with other properties in the area and takes this into account, however, potential buyers should budget accordingly for repair and modernisation costs. The lack of detailed plot size information means that a full valuation is not possible, but what can be seen in the images suggest it is small.

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
4
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
933.23

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
339,216.00 £
Increased by 6.96 %
from 317,140.00 £
Est sale value
291,167.76 £
Increased by 6.48 %
from 273,436.39 £
Average area rental value
885.00 £/mo
Decreased by 9.51 %
from 978.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.13 %
Decreased by 15.41 %
from 3.70 %
Crime Rate
43.00 %
Unchanged by 0.00 %
from 43.00 %

Agent Activity

  • Bairstow Eves created the listing.

Nearby Schools

NameTypeOfstedDistance
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.77 KM
The Priory Academy LsstAcademy Sponsor LedOutstanding0.81 KM
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.81 KM
Bracebridge Infant And Nursery SchoolAcademy ConverterGood1.10 KM
Sir Francis Hill Community Primary SchoolCommunity SchoolGood1.17 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Craven Court £ 000.00 KM
Craven Terrace £ 130,00000.00 KM
Dixon Street £ 000.00 KM
Sunningdale Drive £ 000.00 KM
Clayton Road £ 138,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.55 KM
Hykeham6310HKM6.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bargate, Lincoln, Lincolnshire, LN5 £ 104,995BUY5 / 100.00 KM
Bargate, Lincoln £ 125,000BUY6 / 100.00 KM
Bargate, Lincoln £ 135,000BUY5 / 100.00 KM
Sidney Terrace, Lincoln £ 140,000BUY5 / 100.06 KM
Albert Terrace, Lincoln, Lincolnshire, LN5 £ 130,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
24 Bargate £ 105,0000.00 KM
22 Bargate £ 38,8000.00 KM
29 Bargate £ 125,0000.00 KM
39 Bargate £ 95,0000.00 KM
30 Bargate £ 101,0000.00 KM