Massingham Place, Bourne, Lincolnshire , PE10 2BY
SA

Massingham Place, Bourne, Lincolnshire , PE10 2BY

By Sage Homes

£ 51,250

Reviews

3 out of 5 stars

Sage Homes says ..

Brand new 2-bedroom house in the Abbey View development, available through Shared Ownership in Bourne. The price represents purchasing a 25% share of the property. Featuring a separate kitchen, downstairs WC and double bedrooms.

Property Oracle says ..

This property is a 2-bedroom terraced house located in Bourne, Lincolnshire, as part of the Abbey View development. The listing states it is a brand new property and the images provided certainly suggest that the property is in excellent condition; modern fixtures and fittings, clean lines, and a contemporary style are all present. The location in Bourne benefits from nearby primary schools with ‘Good’ or ‘Outstanding’ Ofsted ratings. The proximity to other amenities in the town would further enhance its attractiveness. However, the lack of information on plot size and the absence of details regarding public transportation access limits the overall assessment. The most striking aspect is the price of £51,250; significantly lower than comparable properties nearby. However, it must be stressed that this price represents only a 25% share of the property, which must be considered when comparing it to other homes in the area. This reduces the value for money score. Overall, this property presents as an attractive proposition, particularly to first-time buyers or those interested in shared ownership schemes. However, further information on the remaining aspects of the property is required for a definitive assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
2
Bedrooms
2
Bathrooms
1

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
252,722.00 £
Decreased by 7.54 %
from 273,325.00 £
Average area rental value
1,183.00 £/mo
Increased by 4.41 %
from 1,133.00 £/mo
Est rental Yield
5.62 %
Increased by 13.08 %
from 4.97 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Sage Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Bourne Elsea Park Church Of England Primary AcademyAcademy Sponsor LedGood0.81 KM
Bourne Westfield Primary AcademyAcademy ConverterOutstanding0.89 KM
Bourne Grammar SchoolAcademy Converter1.10 KM
Willoughby AcademyAcademy Special Converter1.21 KM
Bourne Abbey Church Of England Primary AcademyAcademy ConverterGood1.38 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Massingham Place £ 000.00 KM
Mallard Street £ 000.00 KM
Marriott Road £ 000.00 KM
Baldock Drive £ 000.00 KM
Bouch Avenue £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Massingham Place, Bourne, Lincolnshire , PE10 2BY £ 51,250BUY6 / 100.00 KM
Massingham Place, Bourne, Lincolnshire , PE10 2BY £ 122,500BUY6 / 100.00 KM
Massingham Place, Bourne, Lincolnshire , PE10 2BY £ 100,000BUY7 / 100.00 KM
Massingham Place, Bourne, Lincolnshire , PE10 2BY £ 105,000BUYUnknown0.00 KM
Manor Lane, Bourne, PE10 £ 299,950BUY7 / 100.01 KM

Nearby Properties

AddressPriceDistance
11 Churchill Avenue £ 150,0000.31 KM
63 Churchill Avenue £ 145,0000.31 KM
59 Churchill Avenue £ 152,0000.31 KM
27 Churchill Avenue £ 136,0000.31 KM
31 Churchill Avenue £ 135,0000.31 KM