1 Kingsway, Lincoln
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1 Kingsway, Lincoln

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We have confidence in this estimated current valuation Updated recently
£44,850
Or £292 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Apr 28, 2023
£120,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 1 Kingsway, Lincoln, a cozy and compact terraced type home with 2 bed in the LN5 8EU area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built 1900-1929 and has a reported internal area of 79.65 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £44,850 and a rental potential of £292 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 Apr 28, 2023. 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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Description    ***THE PERFECT ROUTE ONTO THE PROPERTY LADDER*** Move straight into this beautifully renovated two bedroom end of terrace property which has been vastly improved by the current vendors to offer tasteful, modern accommodation throughout. The property was formerly a three bedroom but has been altered by the current vendors to offer a very spacious Main Bedroom with an Ensuite off it. The property is within walking distance to Lincoln City Centre and is the complete first time buy. The property briefly comprises; Hall, Living Room, Dining Room, Kitchen, Bathroom, Two Large Double Bedrooms with Ensuite to Bedroom 1. Externally the property benefits from a fully enclosed low maintenance Rear Courtyard and parking is available On Street. NO ONWARD CHAIN. EPC GRADE D.

Auctioneer Comments    This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Location    Located off South Park down a cul-de-sac close to Lincoln City Centre and a stones throw away from a wealth of local amenities.

Shared Passageway    Giving access to the front entrance and rear courtyard.

Hall    Side entrance door, stairs rising to first floor.

Living Room 13‘10"e; x 10‘11"e; (4.22m x 3.33m). Double glazed bay window to front aspect, radiator, fire surround, coving to ceiling, carpeted flooring.

Dining Room 12‘6"e; x 11‘3"e; (3.8m x 3.43m). Double glazed window to rear aspect, radiator, under stairs cupboard, carpeted flooring.

Kitchen 11‘7"e; x 6‘2"e; (3.53m x 1.88m). Being fitted with a range of eye level wall and base units and contrasting roll edge work surfaces over, cooker with 4 ring gas hob and stainless steel extractor hood over, stainless steel sink unit with drainer and mixer taps over, double glazed window to side aspect, tiled splashback, space and plumbing for washing machine, radiator, tiled flooring.

Lobby    uPVC side door, radiator, tiled flooring.

Bathroom 9‘4"e; x 6‘8"e; (2.84m x 2.03m). Recently fitted three piece suite comprising of panelled bath with shower fitted over, low flush WC, vanity wash hand basin, double glazed frosted window to side aspect, tiled splashback, radiator, tiled flooring.

First Floor Landing

Bedroom 1 13‘2"e; x 14‘4"e; (4.01m x 4.37m). Two double glazed window to rear aspect, two radiators, carpeted flooring.

Ensuite 7‘7"e; x 6‘3"e; (2.3m x 1.9m). Comprising of shower cubicle, low flush WC, pedestal wash hand basin, double glazed frosted window to side aspect, wall mounted Worcester Bosch gas combination boiler, radiator, vinyl flooring.

Bedroom 2 11‘5"e; x 11‘1"e; (3.48m x 3.38m). Double glazed window to front aspect, loft access (part boarded), storage cupboard, radiator.

Rear Courtyard    The rear courtyard is mainly laid to patio to offer easy low maintenance with a composite decking area and a shed which is included in the sale. The courtyard is fully enclosed by fencing.

Parking    Available on street (no permit required).

Tenure    Freehold.

Local Authority    City of Lincoln Council.



IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

LIN23026422"

Property Data

Data point Compared to road
98 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £204 Try Mortgage Tracker
Energy £1,318 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Waddington Redwood Primary Academy
0.3mi
Acorn Free School
0.3mi
The Meadows Primary School
0.5mi
Bracebridge Infant and Nursery School
1.3mi
Waddington All Saints Academy
1.5mi
Nearby Stations
Hykeham Station
2.0mi
Lincoln Central Station
2.8mi
Swinderby Station
6.3mi
Saxilby Station
7.2mi
Metheringham Station
7.4mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

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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
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Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000
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

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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 1 Kingsway, Lincoln worth?

    1 Kingsway, Lincoln is now worth £44,850 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 1 Kingsway, Lincoln - click click here to get a valuation with no strings attached.

  2. What is the rental value of 1 Kingsway, Lincoln?

    The current rental valuation for this property is £292 per month, within a price range of £262 and £321.

  3. How many bedrooms does 1 Kingsway, 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 1 Kingsway, Lincoln?

    Nearby schools in include Waddington Redwood Primary Academy, Acorn Free School, The Meadows Primary School, Bracebridge Infant and Nursery School, Waddington All Saints Academy

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

  5. What type of property is 1 Kingsway, Lincoln

    This is a Terraced property. There are 25 other Terraced properties on KINGSWAY, and 25 in total.

  6. When was 1 Kingsway, Lincoln built? How old is 1 Kingsway, Lincoln?

    1 Kingsway, Lincoln was was built between 1900-1929.

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.

Nearby locations

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