115 London Road, Spalding, PE11 2TW
By McHugh & Co
£ 60,000
Reviews
2 out of 5 stars
McHugh & Co says ..
LOT 163 **FOR SALE BY ONLINE AUCTION** on 11th February 2025 Freehold House Vacant Possession
Property Oracle says ..
This three-bedroom property located at 115 London Road, Spalding, Lincolnshire, is currently listed for £60,000. The property’s exterior presents as a typical terraced house on a seemingly small plot. However, the interior photos reveal significant issues. Extensive damp and water damage are evident throughout, affecting the walls and floors. The property requires comprehensive renovations before it becomes habitable. While its location offers proximity to schools and transport links, this advantage is significantly offset by its extremely poor condition. The lack of information regarding property size and plot size hinders an effective cost per square foot assessment. Therefore, potential buyers should carefully consider the substantial costs involved in repairing and renovating this property before making an offer. Overall, while the price is low, the necessary refurbishment works represent a significant investment. Further information, especially on the property size and specifics of the damage, would improve the assessment and aid a purchaser in understanding the full implications. The lack of bathroom details further adds to the uncertainty of assessing this property’s value.
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
- 2
- Location
- 7
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 252,475.00 £Increased by 33.80 %
- Average area rental value
- 847.00 £/moDecreased by 6.31 %
- Est rental Yield
- 4.03 %Decreased by 29.91 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
McHugh & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ayscoughfee Hall School | Other Independent School | 0.76 KM | |
| Spalding Grammar School | Academy Converter | Good | 0.84 KM |
| The Spalding St John The Baptist Church Of England Primary School | Voluntary Aided School | Good | 0.96 KM |
| St Norbert'S Catholic Voluntary Academy | Academy Converter | 1.34 KM | |
| Spalding Parish Church Of England Day School | Academy Sponsor Led | 1.51 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Henrietta Street | £ 249,995 | 0 | 0.00 KM |
| Tower Lane | £ 145,000 | 0 | 0.00 KM |
| Westminster Drive | £ 195,000 | 0 | 0.00 KM |
| Church Gate | £ 0 | 0 | 0.00 KM |
| Park Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Spalding | 6388 | SPA | 1.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| London Road, Spalding | £ 150,000 | BUY | 7 / 10 | 0.02 KM |
| Two Building Plots, Adj. 51 The Poplars, PE11 2RJ | £ 125,000 | BUY | Unknown | 0.13 KM |
| Cowbit Road , Spalding, Lincolnshire | £ 309,950 | BUY | Unknown | 0.19 KM |
| Briton Court, Spalding, PE11 | £ 110,000 | BUY | 6 / 10 | 0.21 KM |
| Briton Court, Spalding, PE11 | £ 110,000 | BUY | 7 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 113a London Road | £ 114,500 | 0.03 KM |
| 118 London Road | £ 27,000 | 0.03 KM |
| 141 London Road | £ 495,000 | 0.03 KM |
| 135 London Road | £ 185,000 | 0.03 KM |
| 109 London Road | £ 81,500 | 0.03 KM |