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 %
- Est sale value
- 545,240.00 £Increased by 19.17 %
- Average area rental value
- 825.00 £/moDecreased by 17.17 %
- Est letting value
- 1,720.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.98 %Decreased by 14.59 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Belvoir created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Spalding Primary Academy | Academy Converter | 0.68 KM | |
| St Norbert'S Catholic Voluntary Academy | Academy Converter | 1.20 KM | |
| Wygate Park Academy | Academy Sponsor Led | Good | 1.29 KM |
| The Garth School | Academy Special Converter | Outstanding | 1.46 KM |
| The Pinchbeck East Church Of England Primary Academy | Academy Converter | 1.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tulip Walk | £ 439,950 | 0 | 0.00 KM |
| Gorse Way | £ 590,000 | 0 | 0.00 KM |
| Larkspur Way | £ 350,000 | 0 | 0.00 KM |
| Park Lane | £ 425,000 | 0 | 0.00 KM |
| Celandine Close | £ 165,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Spalding | 6388 | SPA | 1.25 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Daniels Reach, Spalding, PE11 | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
| Daniels Reach, | £ 227,750 | BUY | Unknown | 0.00 KM |
| Daniels Reach, Spalding, Lincolnshire, PE11 | £ 350,000 | BUY | 7 / 10 | 0.01 KM |
| Miles Bank, Spalding | £ 500,000 | BUY | 7 / 10 | 0.09 KM |
| Baxter Gardens, Spalding | £ 245,000 | BUY | Unknown | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Daniels Reach | £ 155,000 | 0.00 KM |
| 10 Daniels Reach | £ 188,000 | 0.00 KM |
| 4 Daniels Reach | £ 222,500 | 0.00 KM |
| 17 Daniels Reach | £ 200,000 | 0.00 KM |
| 6 Daniels Reach | £ 235,000 | 0.00 KM |