Parish Mews, Gainsborough
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Parish Mews, Gainsborough

By Martin & Co

£ 90,000

Reviews

2 out of 5 stars

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
126,075.00 £
Decreased by 22.61 %
from 162,912.00 £
Est sale value
358,261.40 £
Decreased by 8.50 %
from 391,528.53 £
Average area rental value
624.00 £/mo
Increased by 21.17 %
from 515.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
5.94 %
Increased by 56.73 %
from 3.79 %
Crime Rate
30.00 %
Unchanged by 0.00 %
from 30.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Handel House Preparatory SchoolOther Independent School0.25 KM
The Gainsborough Parish Church Primary SchoolAcademy ConverterGood0.32 KM
Gainsborough, Hemswell Cliff And Sturton Children'S CentreChildren's Centre0.41 KM
Good Apple IndependentOther Independent Special SchoolGood0.73 KM
Castle Wood AcademyAcademy Sponsor LedRequires improvement0.98 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Tower Street £ 123,97500.00 KM
Thomas Cooper Drive £ 000.00 KM
Curtis Walk £ 000.00 KM
Albert Terrace £ 000.00 KM
Bright Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gainsborough Central6465GNB0.57 KM
Gainsborough Lea Road6424GBL1.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Parish Mews, Gainsborough £ 85,000BUY3 / 100.00 KM
Parish Mews, Gainsborough £ 90,000BUY4 / 100.00 KM
Tower Street, Gainsborough £ 67,950BUY5 / 100.06 KM
Carlisle Mews , Gainsborough £ 74,950BUYUnknown0.09 KM
Carlisle Mews, Gainsborough £ 55,000BUY5 / 100.09 KM

Nearby Properties

AddressPriceDistance
24 North Street £ 90,0000.04 KM
16 North Street £ 95,0000.04 KM
18 Tower Street £ 34,0000.05 KM
41 Tower Street £ 66,0000.05 KM
64 Tower Street £ 19,0000.05 KM