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
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Metrics Year-on-Year
- Average area value
- 352,125.00 £Increased by 13.69 %
- Average area rental value
- 1,122.00 £/moIncreased by 7.16 %
- Est rental Yield
- 3.82 %Decreased by 5.91 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ordsall Primary School | Community School | Requires improvement | 0.47 KM |
| St Giles School | Community Special School | Good | 1.45 KM |
| Retford Oaks Academy | Academy Sponsor Led | Good | 1.47 KM |
| St. Joseph'S Catholic Primary School, A Voluntary Academy | Academy Converter | Good | 1.59 KM |
| Thrumpton Primary Academy | Academy Converter | 1.75 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Fairway | £ 0 | 0 | 0.00 KM |
| Chestnut Avenue | £ 0 | 0 | 0.00 KM |
| Farfield | £ 300,000 | 0 | 0.00 KM |
| Chelmsford Mews | £ 0 | 0 | 0.00 KM |
| The Laurels | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Retford | 6511 | RET | 1.06 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Briar Lea, Retford, DN22 | £ 75,000 | BUY | 6 / 10 | 0.00 KM |
| The Oval, Retford, DN22 | £ 165,000 | BUY | 7 / 10 | 0.16 KM |
| Rose Lea, Retford | £ 115,000 | BUY | 6 / 10 | 0.16 KM |
| Forest View, Retford | £ 100,000 | BUY | 7 / 10 | 0.20 KM |
| Greenway, Retford | £ 185,000 | BUY | 7 / 10 | 0.26 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Briar Lea | £ 130,000 | 0.04 KM |
| 8 Briar Lea | £ 60,000 | 0.04 KM |
| 5 Briar Lea | £ 98,000 | 0.06 KM |
| 17 Briar Lea | £ 77,000 | 0.06 KM |
| 21 Rufford Avenue | £ 93,000 | 0.09 KM |