15 Albion Close, Lincoln
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15 Albion Close, Lincoln

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We have confidence in this estimated current valuation Updated recently
£273,000
Or £1,775 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Mar 18, 2023
£215,000
For Sale
Dec 9, 2023
£375,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 15 Albion Close, Lincoln, a cozy and compact detached type home with 3 bed in the LN1 1ED area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band D.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £273,000 and a rental potential of £1,775 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 Mar 18, 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.

"

Description    ***BEING SOLD VIA THE MODERN METHOD OF AUCTION. TERMS & CONDITIONS APPLY*** We are delighted to bring this three bedroom detached bungalow to the market which is situated in an immensely sought after location close to Lincoln City Centre and is the perfect purchase for any buyers looking to put their own stamp on things. The property briefly comprises; Hall, Lounge-Diner, Kitchen, Three Double Bedrooms, Bathroom. Externally the property benefits from a large Driveway with a Garage and Gardens to the front and rear. EPC GRADE D.

Location    Positioned down a popular road off Long Leys Road close to Lincoln City Centre and right on the West Common offering a walk into the City Centre. The property is also located close to the commute roads.

Auctioneer Comments    This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

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.

Hall    uPVC side entrance door, loft access, storage cupboard, radiator.

Lounge-Diner 20‘1&quote; x 23‘2&quote; (6.12m x 7.06m). Two double glazed windows to front aspect and one to side aspect, electric fire with brick surround, two radiators.

Kitchen 10‘4&quote; x 11‘9&quote; (3.15m x 3.58m). Being fitted with a range of eye level wall and base units and contrasting work surfaces over, electric oven with 4 ring gas hob and extractor hood over, sink unit with drainer and mixer taps over, double glazed window to side aspect, uPVC side door, radiator.

Bedroom 1 14‘11&quote; x 9‘11&quote; (4.55m x 3.02m). Double glazed window to rear aspect, radiator.

Bedroom 2 11‘3&quote; x 12‘10&quote; (3.43m x 3.9m). Double glazed window to rear aspect, radiator.

Bedroom 3 9‘1&quote; x 9‘8&quote; (2.77m x 2.95m). Double glazed window to side aspect, radiator.

Bathroom 8‘5&quote; x 7‘11&quote; (2.57m x 2.41m). Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to side aspect, cupboard housing gas combination boiler, radiator.

Garage    Having up and over manual door, power and lighting, space and plumbing for appliances, side access door.

Outside Front    There is a garden to the front and the bungalow is sat on an elevated plot with a large driveway leading to the front of the Garage.

Outside Rear    The garden to the rear offers easy low maintenance and is fully enclosed by fencing.

Tenure    Freehold.

Local Authority    Lincoln City District 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.

LIN23014822 "

Property Data

Data point Compared to road
Tax band D
416 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,242 Try Mortgage Tracker
Energy ££600 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

🤔
New Kitchen
This could increase your home value by £15,000
🤔
New Bathroom
This could increase your home value by £5,000
🤔
Air Conditioning
This could increase your home value by £7,000
🤔
New Windows
This could increase your home value by £10,000

Cost improvements

🤔
Suggestion: Switch energy provider
Click here to view providers

Strengths

😀
Strength: High plot size
A large plot with plenty of room
😀
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
😀
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 15 Albion Close, Lincoln worth?

    15 Albion Close, Lincoln is now worth £273,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 15 Albion Close, Lincoln - click click here to get a valuation with no strings attached.

  2. What is the rental value of 15 Albion Close, Lincoln?

    The current rental valuation for this property is £1,775 per month, within a price range of £1,597 and £1,952.

  3. How many bedrooms does 15 Albion Close, Lincoln have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 15 Albion Close, 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 15 Albion Close, Lincoln

    This is a Detached property. There are 41 other Detached properties on ALBION CLOSE, and 41 in total.

  6. When was 15 Albion Close, Lincoln built? How old is 15 Albion Close, Lincoln?

    15 Albion Close, Lincoln was was built between .

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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