According to the public record, 2 Hursley Lodge, Northgate, Lincoln is a modern leasehold apartment and with 364 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 2, Northgate, Lincoln, LN2.
Northgate, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
2 Hursley Lodge, Northgate, Lincoln has 81 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated March 2012.
We combine this information with that 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 Hursley Lodge Northgate Lincoln as £139,902 and the rental value as £598 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2 Hursley Lodge Northgate Lincoln has increased by £6,893 (4.9%) and its rental value has increased by £34 per month (5.7%).
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 Hursley Lodge, Northgate, Lincoln is in very good condition we estimate a sale value of £146,897 and rental value of £628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,109 and a rental value of £556 per month.
If you were able to purchase this property for the estimated value of £139,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £688 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 HM Land Registry, 2 Hursley Lodge, Northgate, Lincoln was last sold on 10 Dec 2019 for £132,000 and was recorded as a leasehold flat.
The property has had 8 sales since 1995.
Since Dec 2019, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2 Hursley Lodge, Northgate, Lincoln within a radius of 319m over the last 2 years.
The most recent example is 7, Newport Court, Lincoln, LN1 3DB, a Leasehold flat which sold for £142,000 in Nov 2007.
Read more about house prices in LN2.
Northgate, Lincoln, LN2 has a total of 14 addresses. According to our analysis of all the public data, 2 Hursley Lodge, Northgate, Lincoln is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in LN2.
2 Hursley Lodge, Northgate, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2 Hursley Lodge, Northgate, Lincoln is Lincoln station which is 1.3 km away.