Long Acre, Bingham
By HAMMOND Property Services
£ 125,000
Reviews
2 out of 5 stars
HAMMOND Property Services says ..
A GRADE II Listed building with planning permission for Residential Development previously having been a Commercial Building; The Daisy Chain Florist. Although residential planning is permitted those seeking Commercial use, please inquire to Rushcliffe Borough Council. The property off...
Property Oracle says ..
This property on Long Acre in Bingham, Nottinghamshire, is a Grade II listed building currently listed for £125,000. Planning permission has been granted for conversion from commercial use (previously a florist) to residential use, involving a significant extension and renovation. The property requires extensive work; the photos reveal a dilapidated interior needing complete refurbishment. While the exterior is visible, the image quality doesn’t provide a detailed picture of the structure’s condition. The property’s small plot size with minimal land is a notable drawback, given the average size of homes in the area and the lack of a garden. The proximity to Bingham town centre, local amenities, and good schools makes the location an attractive feature. Transport links are also favorable, given the presence of Bingham railway station. However, the substantial renovation costs should be a primary consideration for potential buyers. The price seems low, reflecting the ‘as is’ condition, but accurate pricing per sqft is not possible to determine with the provided data. Overall, this is a project property suited to someone with experience in renovation projects and a budget to include significant refurbishment costs, as well as the costs associated with upgrading the property to meet modern building codes.
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
- 3
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 0
- Sqft (est)
- 823.44
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
- 320,000.00 £Decreased by 18.40 %
- Est sale value
- 318,671.28 £Increased by 41.24 %
- Average area rental value
- 1,400.00 £/moIncreased by 55.56 %
- Est letting value
- 823.44 £/mo
- Est rental Yield
- 5.25 %Increased by 90.91 %
- Crime Rate
- 25.00 %Unchanged by 0.00 %
Agent Activity
HAMMOND Property Services created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cotgrave Children'S Centre | Children's Centre | 0.09 KM | |
| Bingham Children'S Centre | Children's Centre | 0.12 KM | |
| Toot Hill School | Academy Converter | Outstanding | 0.29 KM |
| Robert Miles Infant School | Academy Converter | 0.33 KM | |
| Robert Miles Junior School | Academy Converter | Good | 0.39 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Eaton Place | £ 600,000 | 0 | 0.00 KM |
| Moorbridge Road East | £ 0 | 0 | 0.00 KM |
| Lamb Close | £ 0 | 0 | 0.00 KM |
| Orchard Avenue | £ 0 | 0 | 0.00 KM |
| Church Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bingham | 6235 | BIN | 0.47 KM |
| Aslockton | 6233 | ALK | 6.27 KM |
| Lowdham | 6202 | LOW | 7.78 KM |
| Thurgarton | 6203 | THU | 8.66 KM |
| Radcliffe (Nottinghamshire) | 6242 | RDF | 9.13 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Long Acre, Bingham | £ 125,000 | BUY | 4 / 10 | 0.00 KM |
| Long Acre, Bingham | £ 525,000 | BUY | 6 / 10 | 0.03 KM |
| Long Acre, Bingham | £ 375,000 | BUY | 7 / 10 | 0.05 KM |
| Melvyn Drive, Bingham, NG13 | £ 305,000 | BUY | 6 / 10 | 0.14 KM |
| The Paddock, NG13 | £ 275,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Long Acre | £ 245,000 | 0.03 KM |
| 1 Long Acre | £ 264,400 | 0.03 KM |
| 11 Long Acre | £ 250,000 | 0.03 KM |
| 6 Long Acre | £ 489,950 | 0.06 KM |
| 16 Long Acre | £ 245,000 | 0.06 KM |