Hunters says ..
Fantastic opportunity for first time buyers or investors is this spacious 500 sq ft double bedroom ground floor flat with a 999 year lease, two allocated parking spaces and a courtyard, in an extraordinary convenient location for the centre of the well serviced historic market town of Horncastle ...
Property Oracle says ..
This one bedroom flat is situated on North Street, Horncastle. The property benefits from being close to local amenities and schools, including Horncastle Primary School (0.54km), St Lawrence School (0.75km), and Queen Elizabeth’s Grammar School (0.85km). The flat itself is in need of some modernisation, as seen in the dated kitchen and bathroom fixtures. However, it offers a decent amount of space for a one-bedroom flat at 414.50 sqft and includes a small, private courtyard. The price of £70,000 is significantly below the average house price in Horncastle (£270,974), but comparable to other one-bedroom flats in the area, such as Flat 4, 21 North Street, which recently sold for £82,500 and 7a North Street which is listed at £85,000. Considering the condition and location, the price point may represent good value for money for a buyer looking for a project.
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
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 414.50
- Lot (est)
- 505.00
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
- 202,089.00 £Decreased by 20.35 %
- Est sale value
- 93,262.50 £Increased by 17.19 %
- Average area rental value
- 725.00 £/moDecreased by 2.03 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.31 %Increased by 23.14 %
- Crime Rate
- 77.00 %Unchanged by 0.00 %
Agent Activity
Hunters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Horncastle Primary School | Academy Converter | 0.54 KM | |
| St Lawrence School | Academy Special Converter | Good | 0.75 KM |
| Queen Elizabeth'S Grammar School, Horncastle | Academy Converter | 0.85 KM | |
| The Banovallum School | Academy Converter | Good | 0.94 KM |
| Horncastle Children'S Centre | Children's Centre Linked Site | 0.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Water Mill Road | £ 0 | 0 | 0.00 KM |
| Linden Road | £ 325,000 | 0 | 0.00 KM |
| St. Lawrence Street | £ 160,000 | 0 | 0.00 KM |
| Southwell's Lane | £ 0 | 0 | 0.00 KM |
| Banks Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 21 North Street, Horncastle | £ 70,000 | BUY | 5 / 10 | 0.00 KM |
| North Street, Horncastle, LN9 | £ 300,000 | BUY | 6 / 10 | 0.06 KM |
| Flat 4, 21 North Street, Horncastle | £ 82,500 | BUY | 6 / 10 | 0.07 KM |
| 1 Old Paddock Court, Horncastle | £ 175,000 | BUY | 5 / 10 | 0.08 KM |
| 5 Banks Street, Horncastle | £ 125,000 | BUY | 4 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7a North Street | £ 85,000 | 0.04 KM |
| 19b North Street | £ 136,000 | 0.04 KM |
| 15a North Street | £ 67,000 | 0.04 KM |
| 19c North Street | £ 120,000 | 0.04 KM |
| 19a North Street | £ 103,000 | 0.04 KM |