Lincoln City Centre and North Lincoln
Lincoln city centre and the central districts are popular with residents. Typically, Lincoln can be divided into the Uphill and Downhill areas.
Uphill – as you may have guessed – is up the hill above River Witham and home to many of the city centre amenities, offices and Lincoln Cathedral. This is considered an affluent residential area. The area has many detached homes, semi-detached houses and period-style properties.
The Downhill part of the city centre has cheaper properties and is generally a mixed area.
Lincoln’s central areas include the likes of Newland, Lincoln Cornhill and Brayford Waterfront Quarter. The University of Lincoln is in this part of town. The city centre has enjoyed much regeneration in recent years, ushering in a new city quarter with enhanced leisure amenities. Why not take a look at the RWinvest buy to let income calculator a useful tool available to all of our readers?
The council has other regeneration plans in the pipework, such as a £150 million regeneration plan for the Waterside North area, which will introduce new homes and leisure facilities.
Areas in North Lincoln include:
- Ermine East
- Ermine West
- St. Giles
Commuters can access the city centre with ease from these locations. In addition, the east of the city is also within easy reach. Investors can find good-value properties in this area, including private and social residential estates.
Average Property Price in Lincoln City Centre and North Lincoln
The average property price in LN2 is £242,288.
Average Rental Yield in Lincoln City Centre and North Lincoln
The average rental yield in LN2 is 3.80%.