Martin & Co says ..
A buy to let investment opportunity has arisen in the form of this 3 bedroom mid terrace house, offered for sale with an ongoing tenancy generating £400 PCM. The property is situated in a popular residential area and it comes equipped with gas central heating and upvc double glazing. Accommo...
Property Oracle says ..
This three-bedroom terraced house in Gainsborough, Lincolnshire, presents a mixed bag of features. Its location is a significant strength, being close to well-regarded primary schools, and within easy reach of two train stations. This enhances its appeal to families and commuters.
However, the property’s condition requires attention. While structurally sound, the interior requires modernisation. The kitchen and bathroom show signs of wear and tear and would benefit from updates to improve the overall aesthetic and functionality. The garden, though present, needs some landscaping work.
The property’s list price falls within the range of comparable properties in the area, considering its features. Potential buyers should factor in the cost of renovations when making an offer. Overall, the property offers potential as a family home or rental investment but prospective buyers must consider the required renovations before making a purchase.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 302,567.00 £Increased by 9.67 %
- Average area rental value
- 1,147.00 £/moIncreased by 17.88 %
- Est rental Yield
- 4.55 %Increased by 7.57 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co marked this listing as sold.
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Gainsborough Charles Baines Community Primary School | Community School | Good | 0.14 KM |
| White'S Wood Academy | Academy Converter | Requires improvement | 0.23 KM |
| The Gainsborough Hillcrest Early Years Academy | Academy Converter | Outstanding | 0.24 KM |
| Warren Wood - A Specialist Academy | Academy Special Converter | Good | 0.73 KM |
| Aegir - A Specialist Academy | Academy Special Converter | Good | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Somerby Road | £ 95,000 | 0 | 0.00 KM |
| The Green | £ 109,950 | 0 | 0.00 KM |
| Eastern Avenue | £ 112,000 | 0 | 0.00 KM |
| Springfield Close | £ 115,000 | 0 | 0.00 KM |
| The Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gainsborough Central | 6465 | GNB | 1.37 KM |
| Gainsborough Lea Road | 6424 | GBL | 1.83 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Heapham Crescent, Gainsborough | £ 89,950 | BUY | 5 / 10 | 0.00 KM |
| Heapham Road, Gainsborough, Lincolnshire, DN21 | £ 130,000 | BUY | 7 / 10 | 0.10 KM |
| Baines Road, Gainsborough | £ 60,000 | BUY | 7 / 10 | 0.13 KM |
| Heapham Road, Gainsborough | £ 125,000 | BUY | 6 / 10 | 0.16 KM |
| Heapham Road, Gainsborough | £ 100,000 | BUY | 5 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 52 Heapham Crescent | £ 90,000 | 0.00 KM |
| 6 Heapham Crescent | £ 85,000 | 0.00 KM |
| 14 Heapham Crescent | £ 105,000 | 0.00 KM |
| 34 Heapham Crescent | £ 77,950 | 0.00 KM |
| 46 Heapham Crescent | £ 90,000 | 0.00 KM |