15 London Road and Bungalow to the rear, Spalding, Lincolnshire PE11 2TA
By Auction House
£ 499,000
Reviews
3 out of 5 stars
Auction House says ..
SOLD AT AUCTION FOR £550,000
Property Oracle says ..
This property is a block of apartments located on London Road in Spalding, Lincolnshire. The location is excellent, with several schools (Spalding Grammar School, Ayscoughfee Hall School, Spalding High School, and The Garth School) within a short distance, all with good or outstanding Ofsted ratings. Spalding train station is also conveniently close by. The property itself appears to be in good condition, having undergone some renovations. The images show modern kitchens and bathrooms. The presence of a detached bungalow at the rear adds to the property’s value and potential rental income. The plot size is relatively small at 847 sqft. However, considering the location, condition, and the additional bungalow, the list price of £499,000 may be reasonable, though a detailed financial analysis would be needed to confirm this. The property is a period property which has been modernised.
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
- 9
- Land
- 4
- Bedrooms
- 6
- Bathrooms
- 0
- Sqft (est)
- 612.00
- Lot (est)
- 847.00
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
- 252,475.00 £Increased by 33.80 %
- Est sale value
- 233,172.00 £Increased by 86.76 %
- Average area rental value
- 847.00 £/moDecreased by 6.31 %
- Est letting value
- 612.00 £/mo
- Est rental Yield
- 4.03 %Decreased by 29.91 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Auction House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Spalding Grammar School | Academy Converter | Good | 0.33 KM |
| Ayscoughfee Hall School | Other Independent School | 0.37 KM | |
| Spalding Parish Church Of England Day School | Academy Sponsor Led | 0.85 KM | |
| Spalding High School | Community School | Outstanding | 0.92 KM |
| The Garth School | Academy Special Converter | Outstanding | 0.97 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Church Gate | £ 0 | 0 | 0.00 KM |
| Tower Lane | £ 145,000 | 0 | 0.00 KM |
| Red Lion Street | £ 0 | 0 | 0.00 KM |
| The Green | £ 300,000 | 0 | 0.00 KM |
| Henrietta Street | £ 249,995 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Spalding | 6388 | SPA | 0.82 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 15 London Road and Bungalow to the rear, Spalding, Lincolnshire PE11 2TA | £ 499,000 | BUY | 7 / 10 | 0.00 KM |
| London Road, Spalding | £ 191,000 | BUY | Unknown | 0.06 KM |
| London Road, Spalding | £ 230,000 | BUY | 4 / 10 | 0.06 KM |
| London Road, Spalding | £ 385,000 | BUY | Unknown | 0.12 KM |
| Georgian Court Ph I, Spalding | £ 105,000 | BUY | 6 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 London Road | £ 315,000 | 0.02 KM |
| 8 London Road | £ 72,000 | 0.02 KM |
| 26 London Road | £ 280,000 | 0.02 KM |
| 12 London Road | £ 205,000 | 0.02 KM |
| 13 London Road | £ 290,000 | 0.02 KM |