According to the public record, 2 Cliff Court, Lincoln is a modern apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cliff Court, Burton Road, Lincoln, LN1.
Burton Road, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
2 Cliff Court, Lincoln has no records in the Land Registry database and a single entry in the EPC database dated July 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Cliff Court Lincoln as £167,617 and the rental value as £864 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 2 Cliff Court Lincoln has increased by £7,774 (4.6%) and its rental value has increased by £47 per month (5.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Cliff Court, Lincoln is in very good condition we estimate a sale value of £175,997 and rental value of £908 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,883 and a rental value of £804 per month.
If you were able to purchase this property for the estimated value of £167,617, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £824 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Cliff Court, Lincoln within a radius of 450 metres over the last 2 years.
The most recent example is 10, Newport Court, Lincoln, LN1 3DB, a Leasehold flat which sold for £160,000 in Dec 2022.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burton Road, Lincoln, LN1 has a total of 345 addresses. According to our analysis of all the public data, 2 Cliff Court, Lincoln is the 266th largest and the 277th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in LN1.
2 Cliff Court, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2 Cliff Court, Lincoln is Lincoln station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Cliff Court, Lincoln, 58.6% of property is privately rented and 22.1% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Cliff Court, Lincoln, 20.0% of residents are recorded as possessing school level qualifications and 40.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Cliff Court, Lincoln, the average age was 39.2 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Cliff Court, Lincoln, 0.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Cliff Court, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.