Martin & Co says ..
This charming 3-bedroom terraced house is a fantastic investment opportunity, perfect for developers and those looking to take on a renovation project. With great potential to add value, this property offers a solid foundation for a family home or rental investment once completed.
Property Oracle says ..
This property is a three-bedroom, two-bathroom terraced house located in Gainsborough, Lincolnshire. The list price is £90,000, and the property is 2,559.01 square feet. The average price per square foot in the area is £176.00, while the average house price is £161,745. The property is situated close to Gainsborough Central train station (0.57km) and several schools, including The Gainsborough Parish Church Primary School (0.32km) which has a good Ofsted rating. However, the property is in need of significant renovation, as evidenced by the provided images showing damaged walls, floors, and fixtures. The lack of plot size suggests a small or non-existent garden. Given its condition and the relatively low price compared to the average, the property could be a good investment for someone willing to undertake a full renovation project. However, the cost of renovations needs to be carefully considered against the final value of the property.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 2,559.01
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Metrics Year-on-Year
- Average area value
- 126,075.00 £Decreased by 22.61 %
- Est sale value
- 358,261.40 £Decreased by 8.50 %
- Average area rental value
- 624.00 £/moIncreased by 21.17 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.94 %Increased by 56.73 %
- Crime Rate
- 30.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Handel House Preparatory School | Other Independent School | 0.25 KM | |
| The Gainsborough Parish Church Primary School | Academy Converter | Good | 0.32 KM |
| Gainsborough, Hemswell Cliff And Sturton Children'S Centre | Children's Centre | 0.41 KM | |
| Good Apple Independent | Other Independent Special School | Good | 0.73 KM |
| Castle Wood Academy | Academy Sponsor Led | Requires improvement | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tower Street | £ 123,975 | 0 | 0.00 KM |
| Thomas Cooper Drive | £ 0 | 0 | 0.00 KM |
| Curtis Walk | £ 0 | 0 | 0.00 KM |
| Albert Terrace | £ 0 | 0 | 0.00 KM |
| Bright Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gainsborough Central | 6465 | GNB | 0.57 KM |
| Gainsborough Lea Road | 6424 | GBL | 1.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parish Mews, Gainsborough | £ 85,000 | BUY | 3 / 10 | 0.00 KM |
| Parish Mews, Gainsborough | £ 90,000 | BUY | 4 / 10 | 0.00 KM |
| Tower Street, Gainsborough | £ 67,950 | BUY | 5 / 10 | 0.06 KM |
| Carlisle Mews , Gainsborough | £ 74,950 | BUY | Unknown | 0.09 KM |
| Carlisle Mews, Gainsborough | £ 55,000 | BUY | 5 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 North Street | £ 90,000 | 0.04 KM |
| 16 North Street | £ 95,000 | 0.04 KM |
| 18 Tower Street | £ 34,000 | 0.05 KM |
| 41 Tower Street | £ 66,000 | 0.05 KM |
| 64 Tower Street | £ 19,000 | 0.05 KM |