High Street, Billinghay, LN4
WA

High Street, Billinghay, LN4

By Walters

£ 550,000

Reviews

3 out of 5 stars

Walters says ..

UNIQUE OPPORTUNITY: Modern Bungalow with Development Potential in BillinghayWalters Property presents a unique opportunity in Billinghay: a recently renovated three-bedroom semi-detached bungalow at 121 High Street, offered together with a building plot to the rear with outline planning permissio...

Property Oracle says ..

The property located on High Street, Billinghay, LN4 4AU is a 3-bedroom, 1-bathroom semi-detached bungalow with a list price of £550,000. The property has a total area of 916.01 sqft and sits on a plot of 0.00 sqft. The average price for properties in the area is £617,857, with an average size of 1,134 sqft and an average price per sqft of £544.00.

Considering the provided information and images, the property appears to be in good condition, having undergone some degree of modernisation. The kitchen and bathroom are modern and well-maintained. The property also benefits from a substantial garden area, significantly larger than the average plot size in the area. This is a key positive aspect.

The location on High Street, Billinghay places the property in a convenient location with nearby primary schools such as The Billinghay Church of England Primary School (rated ‘Good’ by Ofsted) within a reasonable distance. However, information regarding transportation links is lacking.

The list price of £550,000 is considerably lower than the average price for the area (£617,857). However, the property is smaller than average (916 sqft vs 1134 sqft average). While the lower price might initially seem attractive, a thorough comparison with similar properties in the area is needed to assess if it represents good value. The lack of sqft data for nearby listings makes a precise price per sqft comparison difficult. The substantial garden area is a significant positive factor influencing the overall value.

Based on the available information, the property presents a good opportunity, particularly given the larger garden. However, further investigation into transportation links and a more detailed comparison with similar properties would be beneficial to fully assess its value and potential.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
8
Bedrooms
3
Bathrooms
1
Sqft (est)
916.01

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
921,429.00 £
Increased by 70.18 %
from 541,443.00 £
Est sale value
1,030,511.25 £
Increased by 95.99 %
from 525,789.74 £
Average area rental value
1,672.00 £/mo
Decreased by 4.68 %
from 1,754.00 £/mo
Est letting value
1,832.02 £/mo
Increased by 100.00 %
from 916.01 £/mo
Est rental Yield
2.18 %
Decreased by 43.96 %
from 3.89 %
Crime Rate
35.00 %
Unchanged by 0.00 %
from 35.00 %

Agent Activity

  • Walters created the listing.

Nearby Schools

NameTypeOfstedDistance
Billinghay Children'S CentreChildren's Centre Linked Site0.24 KM
The Billinghay Church Of England Primary SchoolVoluntary Controlled SchoolGood0.43 KM
Walcott Primary SchoolCommunity SchoolRequires improvement4.10 KM
Mrs Mary King'S Cofe (Controlled) Primary SchoolVoluntary Controlled SchoolGood7.25 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bridge Street £ 340,00000.00 KM
The Whyche £ 000.00 KM
Carre's Square £ 243,33300.00 KM
Mill Close £ 215,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Billinghay, LN4 £ 350,000BUY7 / 100.00 KM
High Street, Billinghay, LN4 £ 550,000BUY7 / 100.00 KM
High Street, Billinghay £ 200,000BUY7 / 100.03 KM
High Street, Billinghay, Lincoln, Lincolnshire, LN4 £ 169,995BUY7 / 100.05 KM
High Street, Billinghay, LN4 £ 260,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
86 High Street £ 100,0000.00 KM
107 High Street £ 124,9500.00 KM
109 High Street £ 90,0000.00 KM
111 High Street £ 204,5000.00 KM
95 High Street £ 105,0000.00 KM