Investment Opportunity, 3 Apartments, Church Street, Kington
JA

Investment Opportunity, 3 Apartments, Church Street, Kington

By Jackson Property

£ 175,000

Reviews

2 out of 5 stars

Jackson Property says ..

A unique investment opportunity providing an excellent annual income, comprising 3 modern self contained apartments set over two floors, above a retail premises, in the heart of the market town of Kington.

Property Oracle says ..

This property presents an investment opportunity in the form of a three-apartment building located on Church Street in Kington, Herefordshire. The building sits above a retail unit, further enhancing its income-generating potential. The apartments appear to be modern, offering functional kitchens and bathrooms. However, the finish isn’t high-end and some minor cosmetic improvements might be beneficial. The location in Kington town centre offers easy access to amenities, including two well-regarded schools within close proximity. Kington is a market town, implying that there are services such as shopping and other services located within short distances of the property. Whilst there is no information concerning public transport, this central location may well mean it is within walking distance of bus stops or train stations. Further investigation would be needed to ascertain this. The lack of plot size information means its impossible to ascertain whether there are any outdoor spaces associated with the property. The absence of a price per square foot for the property itself, as well as some inconsistencies in the surrounding property data, makes a definitive value judgment complex. However, considering similar properties in the area and its rental income prospects, the asking price seems reasonable, though it’s advisable to have the property and its accounts fully investigated before purchase. Overall, the property is a good prospect for an investor, although a degree of due diligence is recommended.

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
7
Condition
6
Location
7
Land
1
Bedrooms
3
Bathrooms
3
Sqft (est)
350.40

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
638,929.00 £
Increased by 29.42 %
from 493,686.00 £
Est sale value
146,467.20 £
Decreased by 4.35 %
from 153,124.80 £
Average area rental value
1,450.00 £/mo
Increased by 6.46 %
from 1,362.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 350.40 £/mo
Est rental Yield
2.72 %
Decreased by 17.82 %
from 3.31 %
Crime Rate
159.00 %
Unchanged by 0.00 %
from 159.00 %

Agent Activity

  • Jackson Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Kington Primary SchoolCommunity SchoolGood0.10 KM
Lady Hawkins' SchoolAcademy ConverterGood0.87 KM
Presteigne C.P. SchoolWelsh Establishment7.93 KM
Eardisley Cofe Primary SchoolVoluntary Controlled SchoolGood8.00 KM
Almeley Primary SchoolCommunity SchoolGood8.20 KM

Images

FRONT MAIN loaction plan KITCHEN FLAT 3 LIVING KITCHEN AREA FLAT 3 BEDROOM FLAT 3 SHOWER ROOM FLAT 3

Nearby Streets

NameAverage PriceAverage SqftDistance
Hussey's Lane £ 000.00 KM
The Square £ 000.00 KM
Ellen Lane £ 000.00 KM
Churchill Road £ 265,00000.00 KM
The Crescent £ 220,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Investment Opportunity, 3 Apartments, Church Street, Kington £ 175,000BUY5 / 100.00 KM
Kington, Herefordshire, HR5 £ 200,000BUYUnknown0.07 KM
Church Street, Kington, Herefordshire £ 230,000BUY6 / 100.10 KM
The Square, Kington, Herefordshire, £ 425,000BUY6 / 100.11 KM
Church Street, Kington, Herefordshire, HR5 3BE £ 160,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
Harlyn House £ 310,0000.06 KM
7 Church Street £ 138,0000.06 KM
11 Church Street £ 35,0000.06 KM
5 Prospect Place £ 156,0000.09 KM
3 Prospect Place £ 208,0000.09 KM