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 %
- Est sale value
- 146,467.20 £Decreased by 4.35 %
- Average area rental value
- 1,450.00 £/moIncreased by 6.46 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 2.72 %Decreased by 17.82 %
- Crime Rate
- 159.00 %Unchanged by 0.00 %
Agent Activity
Jackson Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kington Primary School | Community School | Good | 0.10 KM |
| Lady Hawkins' School | Academy Converter | Good | 0.87 KM |
| Presteigne C.P. School | Welsh Establishment | 7.93 KM | |
| Eardisley Cofe Primary School | Voluntary Controlled School | Good | 8.00 KM |
| Almeley Primary School | Community School | Good | 8.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hussey's Lane | £ 0 | 0 | 0.00 KM |
| The Square | £ 0 | 0 | 0.00 KM |
| Ellen Lane | £ 0 | 0 | 0.00 KM |
| Churchill Road | £ 265,000 | 0 | 0.00 KM |
| The Crescent | £ 220,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Investment Opportunity, 3 Apartments, Church Street, Kington | £ 175,000 | BUY | 5 / 10 | 0.00 KM |
| Kington, Herefordshire, HR5 | £ 200,000 | BUY | Unknown | 0.07 KM |
| Church Street, Kington, Herefordshire | £ 230,000 | BUY | 6 / 10 | 0.10 KM |
| The Square, Kington, Herefordshire, | £ 425,000 | BUY | 6 / 10 | 0.11 KM |
| Church Street, Kington, Herefordshire, HR5 3BE | £ 160,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Harlyn House | £ 310,000 | 0.06 KM |
| 7 Church Street | £ 138,000 | 0.06 KM |
| 11 Church Street | £ 35,000 | 0.06 KM |
| 5 Prospect Place | £ 156,000 | 0.09 KM |
| 3 Prospect Place | £ 208,000 | 0.09 KM |