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 %
- Est sale value
- 1,030,511.25 £Increased by 95.99 %
- Average area rental value
- 1,672.00 £/moDecreased by 4.68 %
- Est letting value
- 1,832.02 £/moIncreased by 100.00 %
- Est rental Yield
- 2.18 %Decreased by 43.96 %
- Crime Rate
- 35.00 %Unchanged by 0.00 %
Agent Activity
Walters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Billinghay Children'S Centre | Children's Centre Linked Site | 0.24 KM | |
| The Billinghay Church Of England Primary School | Voluntary Controlled School | Good | 0.43 KM |
| Walcott Primary School | Community School | Requires improvement | 4.10 KM |
| Mrs Mary King'S Cofe (Controlled) Primary School | Voluntary Controlled School | Good | 7.25 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bridge Street | £ 340,000 | 0 | 0.00 KM |
| The Whyche | £ 0 | 0 | 0.00 KM |
| Carre's Square | £ 243,333 | 0 | 0.00 KM |
| Mill Close | £ 215,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Billinghay, LN4 | £ 350,000 | BUY | 7 / 10 | 0.00 KM |
| High Street, Billinghay, LN4 | £ 550,000 | BUY | 7 / 10 | 0.00 KM |
| High Street, Billinghay | £ 200,000 | BUY | 7 / 10 | 0.03 KM |
| High Street, Billinghay, Lincoln, Lincolnshire, LN4 | £ 169,995 | BUY | 7 / 10 | 0.05 KM |
| High Street, Billinghay, LN4 | £ 260,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 86 High Street | £ 100,000 | 0.00 KM |
| 107 High Street | £ 124,950 | 0.00 KM |
| 109 High Street | £ 90,000 | 0.00 KM |
| 111 High Street | £ 204,500 | 0.00 KM |
| 95 High Street | £ 105,000 | 0.00 KM |