35 Drake Street, Lincoln
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35 Drake Street, Lincoln

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We have confidence in this estimated current valuation Updated recently
£162,500
Or £1,056 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Aug 26, 2015
£130,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 35 Drake Street, Lincoln, a cozy and compact terraced type home with 2 bed in the LN1 1PP area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built before 1900 and has a reported internal area of 74.06 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £162,500 and a rental potential of £1,056 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Aug 26, 2015. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

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SUMMARY
Two bedroom mid-terrace property with two reception rooms, currently being utilised as a three bedroom student HMO for the student year 2015-2016 achieving ?360 per month, per double and ?280 per month for the single. EARLY VIEWING ADVISED.


DESCRIPTION
Situated within the popular West End area of Lincoln within close proximity to a range of local amenities, schooling and the city centre is this two bedroom mid-terrace property with two reception rooms, currently being utilised as a three bedroom student HMO for the student year 2015-2016 achieving ?360 per month, per double and ?280 per month for the single. Internally the accommodation briefly comprises; Two Reception Rooms(one currently utilised as a bedroom), Kitchen, Bathroom and Two First Floor Bedrooms. EARLY AND INTERNAL VIEWING IS HIGHLY ADVISED TO AVOID DISAPPOINTMENT.

Lounge / Bedroom 13' 6" into bay x 12' 4" ( 4.11m into bay x 3.76m )
Having a double glazed bay window to the front aspect, ceiling rose, coving and a wall mounted panel radiator.

Dining Room 12' 3" x 11' 10" ( 3.73m x 3.61m )
Having a double glazed window to the rear aspect, wall mounted panel radiator, understairs cupboard and a feature fireplace with decorative surround and hearth.

Kitchen 9' 9" x 9' 8" ( 2.97m x 2.95m )
Being fitted with a range of base and eye level units with work surfaces over incorporating a stainless steel one and a half bowl sink and drainer, space and plumbing for a washing machine and gas point for a cooker; complete with tiled splashbacks, wall mounted panel radiator and a double glazed window and door to the side aspect.

First Floor Landing 
Having doors to both bedrooms and bathroom.

Bedroom 12' 3" x 11' 10" into recess ( 3.73m x 3.61m into recess )
Having a double glazed window to the rear aspect, dado rail and a wall mounted panel radiator.

Bedroom 8' 5" x 8' 5" ( 2.57m x 2.57m )
Having a double glazed window to the front aspect, dado rail and a wall mounted panel radiator.

Bathroom 
Being fitted with a three piece suite comprising of a low level WC, pedestal hand wash basin and a panelled bath with mixer taps and shower over; complete with a double glazed window to the front aspect, vinyl flooring, tiled splashbacks and a wall mounted panel radiator.

Outside 
To the rear of the property there is a low maintenance courtyard with an outbuilding to the rear and side passage access; all of which is fully enclosed to perimeters.

 




1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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Property Data

Data point Compared to road
Tax band A
97 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £739 Try Mortgage Tracker
Energy £794 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Burton Hathow Preparatory School
1.5mi
The St Francis Special School Lincoln
1.8mi
The St Faith's Church of England Infant and Nursery School Lincoln
1.8mi
Mount Street Academy
1.8mi
Lincoln Castle Academy
1.9mi
Nearby Stations
Lincoln Central Station
2.6mi
Saxilby Station
3.5mi
Hykeham Station
4.2mi
Swinderby Station
7.7mi
Collingham Station
10.3mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
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Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 35 Drake Street, Lincoln worth?

    35 Drake Street, Lincoln is now worth £162,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 35 Drake Street, Lincoln - click click here to get a valuation with no strings attached.

  2. What is the rental value of 35 Drake Street, Lincoln?

    The current rental valuation for this property is £1,056 per month, within a price range of £951 and £1,162.

  3. How many bedrooms does 35 Drake Street, Lincoln have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 35 Drake Street, Lincoln?

    Nearby schools in include Burton Hathow Preparatory School, The St Francis Special School Lincoln, The St Faith's Church of England Infant and Nursery School Lincoln, Mount Street Academy, Lincoln Castle Academy

    Nearby stations in include Lincoln Central Station, Saxilby Station, Hykeham Station, Swinderby Station, Collingham Station.

  5. What type of property is 35 Drake Street, Lincoln

    This is a Terraced property. There are 47 other Terraced properties on DRAKE STREET, and 80 in total.

  6. When was 35 Drake Street, Lincoln built? How old is 35 Drake Street, Lincoln?

    35 Drake Street, Lincoln was was built between before 1900.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

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