Briar Lea, Retford, DN22
MC

Briar Lea, Retford, DN22

By McGowan Housing

£ 75,000

Reviews

3 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Flat | Garden Ground Space | Spacious Rooms | Prime Rental Location Within Retford

Property Oracle says ..

This property is a two-bedroom flat located in Retford, Nottinghamshire. The location benefits from being relatively close to several schools, with Ordsall Primary School being the nearest at approximately 0.47km. Retford railway station is also within reasonable proximity at approximately 1.06km, offering convenient transport links. Based on the images provided, the property appears to be in fair condition, though some minor cosmetic improvements could enhance its overall appeal. The kitchen shows signs of wear, and some areas of the walls could benefit from repainting. The bathroom is functional but dated. The property benefits from a small garden and a shed. The list price of £75,000 is significantly lower than the average house price in the area (£204,688), however, this is likely due to the size and type of property. Considering similar properties in the area, such as 8 Briar Lea which sold for £60,000, the list price appears reasonable, although a lack of square footage data makes it difficult to make a definitive assessment of value per square foot. The property may be attractive to first-time buyers or investors seeking a relatively affordable option in a reasonably convenient location.

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
8
Condition
6
Location
7
Land
4
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
352,125.00 £
Increased by 13.69 %
from 309,713.00 £
Average area rental value
1,122.00 £/mo
Increased by 7.16 %
from 1,047.00 £/mo
Est rental Yield
3.82 %
Decreased by 5.91 %
from 4.06 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Ordsall Primary SchoolCommunity SchoolRequires improvement0.47 KM
St Giles SchoolCommunity Special SchoolGood1.45 KM
Retford Oaks AcademyAcademy Sponsor LedGood1.47 KM
St. Joseph'S Catholic Primary School, A Voluntary AcademyAcademy ConverterGood1.59 KM
Thrumpton Primary AcademyAcademy Converter1.75 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Fairway £ 000.00 KM
Chestnut Avenue £ 000.00 KM
Farfield £ 300,00000.00 KM
Chelmsford Mews £ 000.00 KM
The Laurels £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Retford6511RET1.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Briar Lea, Retford, DN22 £ 75,000BUY6 / 100.00 KM
The Oval, Retford, DN22 £ 165,000BUY7 / 100.16 KM
Rose Lea, Retford £ 115,000BUY6 / 100.16 KM
Forest View, Retford £ 100,000BUY7 / 100.20 KM
Greenway, Retford £ 185,000BUY7 / 100.26 KM

Nearby Properties

AddressPriceDistance
15 Briar Lea £ 130,0000.04 KM
8 Briar Lea £ 60,0000.04 KM
5 Briar Lea £ 98,0000.06 KM
17 Briar Lea £ 77,0000.06 KM
21 Rufford Avenue £ 93,0000.09 KM