Spinney Farm, Main Road, Dowsby, Bourne, Lincolnshire, PE10 0TL
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Spinney Farm, Main Road, Dowsby, Bourne, Lincolnshire, PE10 0TL

By Brown&CoJHWalter

£ 650,000

Reviews

2 out of 5 stars

Brown&CoJHWalter says ..

Fantastic Development Opportunity - Full PP granted to convert existing barn - Outline PP granted for 4 x residential dwellings - Rural location with countryside views - Site is approximately 1.08acres

Property Oracle says ..

Spinney Farm is a barn conversion opportunity located on Main Road in Dowsby, Lincolnshire. The property is listed at £650,000 and includes a substantial plot of land suitable for development. The surrounding area shows a mix of property types and price points, with some properties selling for significantly less than the list price of Spinney Farm, while others are considerably more expensive. The average house price in the area is £1,033,000, and the average price per square foot is £582. Several primary schools with good Ofsted ratings are located within a reasonable distance. The lack of nearby transportation information makes it difficult to assess the property’s accessibility. The large plot size is a key feature, and the potential for development adds significant value. However, the current state of the barn requires significant renovation or conversion work, which is a major factor to consider when assessing the overall value.

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
4
Condition
3
Location
6
Land
9
Bedrooms
0
Bathrooms
0

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
3,504.00 %
Unchanged by 0.00 %
from 3,504.00 %

Agent Activity

  • Brown&CoJHWalter created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Gilbert Of Sempringham Church Of England Primary School, PointonVoluntary Aided SchoolGood2.42 KM
Billingborough Primary SchoolCommunity SchoolGood5.06 KM
Brown'S Church Of England Primary School, HorblingAcademy ConverterGood5.80 KM
The Morton Church Of England (Controlled) Primary SchoolAcademy ConverterGood5.94 KM
Bourne AcademyAcademy ConverterGood8.96 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Long Drove £ 650,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spinney Farm, Main Road, Dowsby, Bourne, Lincolnshire, PE10 0TL £ 650,000BUY5 / 100.00 KM
36 Main Road, Dowsby, PE10 £ 375,000BUY7 / 100.00 KM
36 Main Road, Dowsby, PE10 £ 350,000BUY7 / 100.00 KM
Main Road, Dowsby, Bourne, PE10 £ 210,000BUY6 / 100.00 KM
Main Road, Dowsby, Bourne, PE10 £ 320,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
21 Main Road £ 180,0000.01 KM
27 Main Road £ 165,0000.01 KM
10 Main Road £ 124,9950.01 KM
46 Main Road £ 360,0000.01 KM
32 Main Road £ 146,0000.01 KM