Gainsborough Road, Middle Rasen, LN8
LO

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 The carpets and decor throughout the house also appear outdated.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 %
from 340,311.00 £
Est sale value
511,237.45 £
Increased by 102.30 %
from 252,707.35 £
Average area rental value
1,115.00 £/mo
Increased by 88.03 %
from 593.00 £/mo
Est letting value
1,164.55 £/mo
from 0.00 £/mo
Est rental Yield
5.33 %
Increased by 155.02 %
from 2.09 %
Crime Rate
97.00 %
Unchanged by 0.00 %
from 97.00 %

Agent Activity

  • Lovelle Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
The Middle Rasen Primary SchoolCommunity SchoolGood0.84 KM
The Market Rasen Church Of England Primary SchoolVoluntary Controlled SchoolGood3.43 KM
Market Rasen And Caistor Children'S CentreChildren's Centre3.54 KM
Osgodby Primary SchoolCommunity SchoolGood3.95 KM
De Aston SchoolAcademy ConverterGood5.01 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Abbott Close £ 240,00000.00 KM
Heath Court £ 000.00 KM
Rasen Close £ 240,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Market Rasen6318MKR3.75 KM

Nearby Properties

AddressPriceDistance
5 Gainsborough Road £ 46,5000.02 KM
2 Gainsborough Road £ 117,0000.03 KM
9 Gainsborough Road £ 170,0000.03 KM
4 Gainsborough Road £ 116,0000.03 KM
5 Abbott Close £ 117,5000.10 KM