Waterloo Street, Market Rasen, Lincolnshire, LN8
By DDM Residential
£ 70,000
Reviews
1 out of 5 stars
DDM Residential says ..
ARE YOU LOOKING FOR YOUR FIRST HOME OR AN INVESTMENT OPPORTUNITY? This end-terrace property on Waterloo Street, Market Rasen, is a fantastic opportunity for first-time buyers, couples, or investors looking to expand their portfolio.
Property Oracle says ..
This property is located on Waterloo Street in Market Rasen, Lincolnshire. The area benefits from a nearby train station (Market Rasen, East Midlands Railway) and several schools, including The Market Rasen Church of England Primary School (Good Ofsted rating) and De Aston School (Good Ofsted rating). The property itself is a two-bedroom end of terrace house. Images reveal that the property is in need of significant renovation. The interior shows signs of damp, damaged walls, and outdated fixtures. The exterior also needs attention. While there is a garden present, it is overgrown and requires significant landscaping. Given the property’s condition and the lack of square footage data, a precise price-per-square-foot comparison to area averages is impossible. However, considering the average house price in the area is significantly higher (314,268) and that this property requires substantial work, the listed price of £70,000 may seem reasonable for a buyer intending to undertake a full refurbishment. However, potential buyers should factor in the extensive renovation costs.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 2
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 723.33
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
- 250,856.00 £Decreased by 26.29 %
- Est sale value
- 317,541.87 £Increased by 102.30 %
- Average area rental value
- 1,115.00 £/moIncreased by 88.03 %
- Est letting value
- 723.33 £/mo
- Est rental Yield
- 5.33 %Increased by 155.02 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
DDM Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Market Rasen And Caistor Children'S Centre | Children's Centre | 0.48 KM | |
| The Market Rasen Church Of England Primary School | Voluntary Controlled School | Good | 0.61 KM |
| De Aston School | Academy Converter | Good | 1.17 KM |
| The Middle Rasen Primary School | Community School | Good | 3.38 KM |
| Legsby Primary School | Community School | Requires improvement | 5.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Charlotte Close | £ 0 | 0 | 0.00 KM |
| Old Dairy Road | £ 0 | 0 | 0.00 KM |
| Rhodes Passage | £ 0 | 0 | 0.00 KM |
| Hambleton Lane | £ 685,000 | 0 | 0.00 KM |
| Elizabeth Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Market Rasen | 6318 | MKR | 0.55 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Waterloo Street, Market Rasen, Lincolnshire, LN8 | £ 70,000 | BUY | 3 / 10 | 0.00 KM |
| 30 Waterloo Street, Market Rasen LN8 3EP | £ 15,000 | BUY | 5 / 10 | 0.07 KM |
| Waterloo Street, Market Rasen | £ 125,000 | BUY | 6 / 10 | 0.12 KM |
| Queen Street, Market Rasen | £ 130,000 | BUY | 7 / 10 | 0.14 KM |
| Waterloo Street, Market Rasen | £ 525,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Waterloo Street | £ 54,000 | 0.04 KM |
| 62 Waterloo Street | £ 145,000 | 0.04 KM |
| 30 Waterloo Street | £ 39,000 | 0.04 KM |
| 12 Waterloo Street | £ 75,000 | 0.04 KM |
| 29 Waterloo Street | £ 43,000 | 0.04 KM |