McGowan Housing says ..
Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 3 Bedroom End of Terrace House | Well Maintained Property | Spacious Rooms | Prime Rental Location Within Nelson
Property Oracle says ..
This three-bedroom property in Nelson, Lancashire, presents a mixed bag of attributes. Let’s start with the positives. The location offers convenient access to schools rated ‘Outstanding’ and ‘Good’ by Ofsted, as well as relatively close proximity to several train stations, suggesting reasonable transport links. The interior of the house shows evidence of some modernisation and renovation work, although it is not entirely updated. A small rear garden provides additional outside space. The kitchen and bathroom appear functional, though not luxurious. The bedrooms, while adequately sized, show a range of cosmetic styles which suggests ongoing efforts to improve the property.
However, the property’s exterior and immediate surroundings raise concerns. The external photographs show a somewhat run-down appearance, with a less-than-ideal street scene. The lack of precise details on square footage and plot size prevents a precise property valuation and a more definitive conclusion on price reasonableness. In addition, other nearby areas show properties listed for much higher prices, suggesting that the area is not consistently high-value. Overall, this property could be a good investment for a first-time buyer or someone seeking a project, but due to the lack of information and less attractive external location, buyers might want to carefully evaluate the property’s condition and neighbourhood before purchasing.
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
- 4
- Land
- 3
- Bedrooms
- 3
- 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
- 263,028.00 £Decreased by 8.14 %
- Average area rental value
- 897.00 £/moIncreased by 2.28 %
- Est rental Yield
- 4.09 %Increased by 11.14 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Pendle Community High School & College | Community Special School | Outstanding | 0.26 KM |
| Castercliff Primary School | Academy Sponsor Led | Good | 0.28 KM |
| Pendle View Primary School | Community Special School | Outstanding | 0.40 KM |
| Pendle Vale College | Community School | Good | 0.47 KM |
| Ss John Fisher And Thomas More Roman Catholic High School | Voluntary Aided School | Requires improvement | 0.50 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Liddesdale Road | £ 0 | 0 | 0.00 KM |
| Rosehill Road | £ 0 | 0 | 0.00 KM |
| Thorne Street | £ 160,000 | 0 | 0.00 KM |
| Hazelwood Road | £ 180,000 | 0 | 0.00 KM |
| Great Marsden Drive | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colne | 2562 | CNE | 1.71 KM |
| Nelson | 2565 | NEL | 2.56 KM |
| Brierfield | 2554 | BRF | 5.35 KM |
| Burnley Central | 2550 | BNC | 8.04 KM |
| Burnley Manchester Road | 2549 | BYM | 9.02 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hollins Road, Nelson, BB9 | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Hollins Road, Nelson, BB9 | £ 110,000 | BUY | 6 / 10 | 0.00 KM |
| Hollins Road, Nelson | £ 127,950 | BUY | 5 / 10 | 0.18 KM |
| The Green, Nelson | £ 125,000 | BUY | 6 / 10 | 0.19 KM |
| Hollins Road, Nelson | £ 99,950 | BUY | 7 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 44 Hollins Road | £ 62,000 | 0.00 KM |
| 7 Hollins Road | £ 67,000 | 0.00 KM |
| 9 Hollins Road | £ 52,000 | 0.00 KM |
| 60 Hollins Road | £ 66,000 | 0.00 KM |
| 23 Hollins Road | £ 112,000 | 0.00 KM |