Spilsby Road, Boston, Lincolnshire, PE21
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Spilsby Road, Boston, Lincolnshire, PE21

By Pygott & Crone

£ 175,000

Reviews

2 out of 5 stars

Pygott & Crone says ..

A Four bedroom HMO property located within the heart of Boston town. Being within close proximity to all amenities, this property is ideally located and would make a fantastic investment. Internally the accommodation briefly comprises, Entrance hall, Kitchen, Two Showe...

Property Oracle says ..

This four-bedroom property located on Spilsby Road in Boston, Lincolnshire, presents a mixed bag of advantages and disadvantages. Its positive aspects include a convenient location near schools with good Ofsted ratings and close proximity to Boston town centre, making it attractive to families or those looking for easy access to amenities. The nearby train station also enhances its appeal. However, the property needs significant modernisation and updating. The internal photos reveal dated fixtures, finishes, and a general need for refurbishment. While having four bedrooms and two bathrooms, which is a great asset, the condition would require a sizable investment before achieving its full market potential. The garden is present but relatively small. Considering nearby properties, some of which command higher sale prices in comparison to the listing price, the pricing for this property seems somewhat ambitious, given its state of repair. A realistic pricing strategy would consider the extensive renovation needed before marketing to potential buyers. Buyers should be prepared for considerable renovation expenditure before the property can be considered habitable or marketable at its full potential.

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
6
Condition
4
Location
7
Land
3
Bedrooms
4
Bathrooms
2
Sqft (est)
890.18

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
446,826.00 £
Increased by 0.22 %
from 445,846.00 £
Est sale value
370,314.88 £
Increased by 9.19 %
from 339,158.58 £
Average area rental value
1,514.00 £/mo
Decreased by 8.57 %
from 1,656.00 £/mo
Est letting value
890.18 £/mo
Unchanged by 0.00 %
from 890.18 £/mo
Est rental Yield
4.07 %
Decreased by 8.74 %
from 4.46 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Pygott & Crone created the listing.

Nearby Schools

NameTypeOfstedDistance
Tower Road AcademyAcademy ConverterGood0.45 KM
Boston St Mary'S Rc Primary Voluntary AcademyAcademy Converter0.57 KM
Boston Endeavour AcademyAcademy Special ConverterGood0.66 KM
Boston High SchoolAcademy ConverterGood0.96 KM
The Boston Grammar SchoolAcademy ConverterGood1.02 KM

Images

26 Spilsby Road (Boston)-1 26 Spilsby Road (Boston)-6 26 Spilsby Road (Boston)-3 26 Spilsby Road (Boston)-5 26 Spilsby Road (Boston)-2 26 Spilsby Road (Boston)-4 26 Spilsby Road (Boston)-7 26 Spilsby Road (Boston)-8

Nearby Streets

NameAverage PriceAverage SqftDistance
Queens Road £ 222,48800.00 KM
Brown's Road £ 000.00 KM
York Court £ 000.00 KM
Vauxhall Bridge £ 000.00 KM
Rason's Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Boston6216BSN1.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spilsby Road, Boston, Lincolnshire, PE21 £ 175,000BUY5 / 100.00 KM
Flat 29, Windmill View Court, Willoughby Road, Boston PE21 9EH £ 41,000BUY5 / 100.06 KM
Flat 3 Windmill View Court, Willoughby Road, Boston, Lincolnshire, PE21 £ 115,000BUY5 / 100.09 KM
Willoughby Road, Boston £ 110,000BUY5 / 100.10 KM
Spilsby Road, Boston, Lincolnshire, PE21 £ 225,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
Meadow Cottage £ 230,0000.12 KM
7 Queens Road £ 133,5000.14 KM
11 Queens Road £ 320,0000.14 KM
2 Queens Road £ 216,1250.14 KM
13 Queens Road £ 151,0000.14 KM