5 Banks Street, Horncastle
RO

5 Banks Street, Horncastle

By Robert Bell & Company

£ 125,000

Reviews

2 out of 5 stars

Robert Bell & Company says ..

5 Banks Street is a two-bedroom, mid-terraced property – located within the conservation area of the Georgian town of Horncastle. Providing south-facing Living Room; Dining Room and Kitchen to the ground floor, the property has bedrooms and the Bathroom to the first floor. The property is l...

Property Oracle says ..

The property is a two-bedroom terraced house located on Banks Street in Horncastle, Lincolnshire. The list price is £125,000. The property appears to be in need of significant renovation. The images show worn surfaces, outdated fixtures, and signs of damp or water damage in several rooms. The kitchen and bathroom are particularly dated and require complete modernisation. While the plot size is listed as 0.00 sqft, there is no garden visible in the provided images. The average house price in the area is considerably higher at £270,974, with an average price per sqft of £202. Considering the property’s condition and lack of land, the list price of £125,000 appears relatively reasonable, although it is significantly below the average for the area. However, the lower price is likely a reflection of the extensive renovation required. The location is in Horncastle, a town in Lincolnshire. Several schools are within a reasonable distance, including Horncastle Primary School, St Lawrence School, and The Banovallum School. The proximity to these schools is a positive aspect of the location.

Therefore, we give this property 4 / 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
1
Bedrooms
2
Bathrooms
1
Sqft (est)
656.38

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
202,089.00 £
Decreased by 20.35 %
from 253,724.00 £
Est sale value
147,685.50 £
Increased by 17.19 %
from 126,024.96 £
Average area rental value
725.00 £/mo
Decreased by 2.03 %
from 740.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.31 %
Increased by 23.14 %
from 3.50 %
Crime Rate
70.00 %
Unchanged by 0.00 %
from 70.00 %

Agent Activity

  • Robert Bell & Company created the listing.

Nearby Schools

NameTypeOfstedDistance
Horncastle Primary SchoolAcademy Converter0.55 KM
St Lawrence SchoolAcademy Special ConverterGood0.74 KM
The Banovallum SchoolAcademy ConverterGood0.85 KM
Horncastle Children'S CentreChildren's Centre Linked Site0.85 KM
Queen Elizabeth'S Grammar School, HorncastleAcademy Converter0.88 KM

Images

Main Elevation Dining Room Living Room Kitchen Bedroom Bedroom Bathroom Street View

Nearby Streets

NameAverage PriceAverage SqftDistance
Linden Road £ 325,00000.00 KM
St. Lawrence Street £ 160,00000.00 KM
Water Mill Road £ 000.00 KM
Banks Road £ 000.00 KM
Southwell's Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
5 Banks Street, Horncastle £ 125,000BUY4 / 100.00 KM
1 Banks Court, Horncastle £ 169,950BUY7 / 100.05 KM
16 Banks Street, Horncastle £ 220,000BUY6 / 100.05 KM
21 North Street, Horncastle £ 70,000BUY5 / 100.09 KM
3 South Street, Horncastle, Lincolnshire, LN9 6DR £ 150,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
28 Banks Street £ 85,0000.07 KM
12 Banks Street £ 107,0000.07 KM
5 Banks Street £ 66,5000.07 KM
24 Banks Street £ 87,0000.07 KM
14 Banks Street £ 86,0000.07 KM