East Lane, Morton, Bourne, PE10
EC

East Lane, Morton, Bourne, PE10

By Eckfords Property Scene

£ 215,000

Reviews

3 out of 5 stars

Eckfords Property Scene says ..

ATTENTION ALL DEVELOPERS. A unique opportunity has arisen to purchase this two bed cottage located on a large plot in the popular village of Morton. This property offers so much potential subject to relevant planning permissions. Viewing is highly recommended at the earliest opport...

Property Oracle says ..

This two-bedroom cottage in Morton, Lincolnshire, presents a mixed bag. Located in a village setting with relatively easy access to Bourne and good primary schools, its location is a positive aspect. The presence of a garden is another plus point, although it currently appears somewhat neglected and would require attention. However, the property’s interior necessitates considerable modernisation and updating. The kitchen and bathroom are visibly dated and would benefit significantly from a renovation. The carpets and wallpaper also show signs of wear, suggesting the need for cosmetic upgrades throughout. The overall impression is of a property that offers potential, but necessitates investment before it can be considered fully modernised. The lack of square footage and plot size information in the provided data prevents a full assessment of value against local comparable properties; however, judging from the range of nearby property prices and the property’s features, the list price seems fairly priced, allowing room for renovation costs without being excessive. Overall, this is a property that would suit a buyer willing to undertake renovation work to unlock its full potential. The property’s description highlights the possibility of development, suggesting potential for future value increases, contingent on securing the necessary planning permissions.

Therefore, we give this property 6 / 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
6
Bedrooms
2
Bathrooms
1

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
1,250,000.00 £
Increased by 17.34 %
from 1,065,278.00 £
Average area rental value
1,844.00 £/mo
Decreased by 41.18 %
from 3,135.00 £/mo
Est rental Yield
1.77 %
Decreased by 49.86 %
from 3.53 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Eckfords Property Scene created the listing.

Nearby Schools

NameTypeOfstedDistance
The Morton Church Of England (Controlled) Primary SchoolAcademy ConverterGood0.15 KM
Bourne AcademyAcademy ConverterGood3.30 KM
BourneChildren's Centre Linked Site3.31 KM
Bourne Abbey Church Of England Primary AcademyAcademy ConverterGood4.05 KM
Bourne Westfield Primary AcademyAcademy ConverterOutstanding4.45 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Paddock £ 000.00 KM
Knotts Lane £ 000.00 KM
Chapel View £ 380,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
East Lane, Morton, Bourne, PE10 £ 215,000BUY6 / 100.00 KM
East Lane, Morton, Bourne £ 325,000BUY6 / 100.01 KM
East Lane, Morton, Bourne, Lincolnshire, PE10 £ 225,000BUYUnknown0.01 KM
Station Road, Morton, Bourne £ 467,500BUY7 / 100.15 KM
High Street, Morton, Bourne £ 350,000BUY7 / 100.18 KM

Nearby Properties

AddressPriceDistance
5 East Lane £ 159,9950.01 KM
14 East Lane £ 290,0000.01 KM
16 East Lane £ 192,0000.01 KM
22 East Lane £ 125,0000.01 KM
13 East Lane £ 182,5000.01 KM