Daniels Reach, Spalding, PE11
BE

Daniels Reach, Spalding, PE11

By Belvoir

£ 220,000

Reviews

2 out of 5 stars

Belvoir says ..

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £220,000Belvoir along with Pattinson Auctions offer for sale this detached three bedroom bungalow with double garage and is situated in one of Spalding's most desirable residential l...

Property Oracle says ..

The property is located in Daniels Reach, Spalding, Lincolnshire. It’s a 3-bedroom, 2-bathroom house with 1,720 square feet of living space and a garden. The property is currently listed at £220,000.

The average house price in the area is £264,376, with an average price per square foot of £230. Considering the property’s size, the list price is slightly below average for the area.

The property appears to be in need of significant renovation. The interior photos show that the property requires extensive work, including new plastering, flooring, and possibly some structural repairs. The kitchen appears to be in reasonable condition, but the bathrooms require complete refurbishment.

The property benefits from having a garden, which is a desirable feature for many buyers. The garden appears to be of a reasonable size, although more detailed information would be needed to give a more precise assessment.

The location is near Spalding, which offers access to transportation links via the East Midlands Railway. There are also several schools within a reasonable distance, including Wygate Park Academy (rated ‘Good’) and The Garth School (rated ‘Outstanding’). The proximity to these amenities is a positive aspect of the property’s location.

Given the condition of the property, the need for extensive renovation will likely be a significant factor influencing the final sale price. While the list price is below the average for the area, the cost of renovations could potentially offset this price advantage. A potential buyer should carefully consider the cost of renovations before making an offer.

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
3
Location
7
Land
7
Bedrooms
3
Bathrooms
2
Sqft (est)
1,720.00

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
248,750.00 £
Decreased by 3.03 %
from 256,514.00 £
Est sale value
545,240.00 £
Increased by 19.17 %
from 457,520.00 £
Average area rental value
825.00 £/mo
Decreased by 17.17 %
from 996.00 £/mo
Est letting value
1,720.00 £/mo
Unchanged by 0.00 %
from 1,720.00 £/mo
Est rental Yield
3.98 %
Decreased by 14.59 %
from 4.66 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Belvoir created the listing.

Nearby Schools

NameTypeOfstedDistance
Spalding Primary AcademyAcademy Converter0.68 KM
St Norbert'S Catholic Voluntary AcademyAcademy Converter1.20 KM
Wygate Park AcademyAcademy Sponsor LedGood1.29 KM
The Garth SchoolAcademy Special ConverterOutstanding1.46 KM
The Pinchbeck East Church Of England Primary AcademyAcademy Converter1.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Tulip Walk £ 439,95000.00 KM
Gorse Way £ 590,00000.00 KM
Larkspur Way £ 350,00000.00 KM
Park Lane £ 425,00000.00 KM
Celandine Close £ 165,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Spalding6388SPA1.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Daniels Reach, Spalding, PE11 £ 220,000BUY5 / 100.00 KM
Daniels Reach, £ 227,750BUYUnknown0.00 KM
Daniels Reach, Spalding, Lincolnshire, PE11 £ 350,000BUY7 / 100.01 KM
Miles Bank, Spalding £ 500,000BUY7 / 100.09 KM
Baxter Gardens, Spalding £ 245,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
2 Daniels Reach £ 155,0000.00 KM
10 Daniels Reach £ 188,0000.00 KM
4 Daniels Reach £ 222,5000.00 KM
17 Daniels Reach £ 200,0000.00 KM
6 Daniels Reach £ 235,0000.00 KM