Gainsborough Road, Middle Rasen, LN8
By Lovelle Estate Agency
£ 259,950
Reviews
2 out of 5 stars
Lovelle Estate Agency says ..
CHARACTERFUL DETACHED COTTAGE. Popular Village Location offering an exciting prospect. Comprising Entrance Hall, Lounge, Kitchen Diner, Conservatory, 3 Bedrooms & Shower Room. GENEROUS GARDENS, PARKING & OUTBUILDINGS. Viewing Advised ot fully appreciate potential. NO ONWARD CHAIN
Property Oracle says ..
This 3-bedroom property is situated in Middle Rasen, Lincolnshire, a village with a primary school, church, local store, and pub. The property benefits from a good-sized garden, as shown in the provided photos. However, the interior photos reveal that the property is in need of significant modernisation and updating. The kitchen and bathrooms appear dated and require renovation. The carpets and decor throughout the house also appear outdated. While the location is positive, being in a village with amenities and relatively close to Market Rasen, the condition of the property significantly impacts its overall value. The list price of £259,950 should be considered in light of the required renovations. Comparable properties in the area are listed at varying prices, some significantly higher, suggesting that the price may be reasonable if the buyer is willing to undertake the necessary renovations.
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
- 5
- Condition
- 4
- Location
- 7
- Land
- 7
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,164.55
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
- 250,856.00 £Decreased by 26.29 %
- Est sale value
- 511,237.45 £Increased by 102.30 %
- Average area rental value
- 1,115.00 £/moIncreased by 88.03 %
- Est letting value
- 1,164.55 £/mo
- Est rental Yield
- 5.33 %Increased by 155.02 %
- Crime Rate
- 97.00 %Unchanged by 0.00 %
Agent Activity
Lovelle Estate Agency created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Middle Rasen Primary School | Community School | Good | 0.84 KM |
| The Market Rasen Church Of England Primary School | Voluntary Controlled School | Good | 3.43 KM |
| Market Rasen And Caistor Children'S Centre | Children's Centre | 3.54 KM | |
| Osgodby Primary School | Community School | Good | 3.95 KM |
| De Aston School | Academy Converter | Good | 5.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Abbott Close | £ 240,000 | 0 | 0.00 KM |
| Heath Court | £ 0 | 0 | 0.00 KM |
| Rasen Close | £ 240,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Market Rasen | 6318 | MKR | 3.75 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Gainsborough Road, Middle Rasen, LN8 | £ 259,950 | BUY | 5 / 10 | 0.00 KM |
| Plot 1 Lancaster Approach, Gainsborough Road, Middle Rasen, Market Rasen, Lincolnshire, LN8 3JX | £ 750,000 | BUY | 9 / 10 | 0.03 KM |
| Wilkinson Drive, Middle Rasen, Middle Rasen | £ 200,000 | BUY | 6 / 10 | 0.10 KM |
| Plot 6 Lancaster Approach , Gainsborough Road, Middle Rasen, Market Rasen, Lincolnshire, LN8 3JX | £ 775,000 | BUY | 9 / 10 | 0.13 KM |
| Plot 5 Lancaster Approach, Gainsborough Road, Middle Rasen, Market Rasen, Lincolnshire, LN8 3JX | £ 750,000 | BUY | 9 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Gainsborough Road | £ 46,500 | 0.02 KM |
| 2 Gainsborough Road | £ 117,000 | 0.03 KM |
| 9 Gainsborough Road | £ 170,000 | 0.03 KM |
| 4 Gainsborough Road | £ 116,000 | 0.03 KM |
| 5 Abbott Close | £ 117,500 | 0.10 KM |