Pennygate, Spalding, Lincolnshire, PE11
By Winkworth
£ 128,000
Reviews
2 out of 5 stars
Winkworth says ..
NO CHAIN! A two bedroom period home located within walking distance of the town centre in need of updating but would make an excellent first time purchase or buy to let investment. The property offers great accommodation benefiting from, lounge, separate dining room, kitchen, small utility room a...
Property Oracle says ..
This end of terrace property is located in Spalding, Lincolnshire and is on the market for £128,000. The property is a 2 bedroom, 1 bathroom house with 700 sqft of living space and a 785.20 sqft plot. The location benefits from being close to local schools, including Spalding Grammar School which is rated as “Good” by Ofsted, and the Spalding train station which provides access to the East Midlands Railway network. The property itself appears to be in need of some modernisation and updating, as seen in the provided images. The garden is relatively small and requires some attention. Compared to the average property price in the area (£218,010) and average price per sqft (£214), this property is significantly underpriced, however this is likely due to its condition requiring renovation.
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
- 8
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 700.00
- Lot (est)
- 785.20
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
- 218,053.00 £Decreased by 8.50 %
- Est sale value
- 238,700.00 £Increased by 35.86 %
- Average area rental value
- 798.00 £/moDecreased by 10.74 %
- Est letting value
- 700.00 £/mo
- Est rental Yield
- 4.39 %Decreased by 2.44 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Winkworth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Norbert'S Catholic Voluntary Academy | Academy Converter | 0.19 KM | |
| Spalding Primary Academy | Academy Converter | 0.64 KM | |
| Wygate Park Academy | Academy Sponsor Led | Good | 0.94 KM |
| Spalding Grammar School | Academy Converter | Good | 0.95 KM |
| Ayscoughfee Hall School | Other Independent School | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Park Road | £ 0 | 0 | 0.00 KM |
| Brown's Gate | £ 0 | 0 | 0.00 KM |
| Park Lane | £ 425,000 | 0 | 0.00 KM |
| Henrietta Street | £ 249,995 | 0 | 0.00 KM |
| Red Lion Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Spalding | 6388 | SPA | 0.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Pennygate, Spalding, Lincolnshire, PE11 | £ 128,000 | BUY | 5 / 10 | 0.00 KM |
| Pennygate, Spalding | £ 120,000 | BUY | 6 / 10 | 0.01 KM |
| Park Avenue, Spalding, PE11 | £ 350,000 | BUY | 7 / 10 | 0.10 KM |
| Park Avenue, Spalding | £ 350,000 | BUY | Unknown | 0.10 KM |
| Tollgate, Spalding | £ 220,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Pennygate | £ 115,000 | 0.00 KM |
| 43 Pennygate | £ 115,000 | 0.00 KM |
| 8 Pennygate | £ 29,500 | 0.00 KM |
| 11 Pennygate | £ 116,000 | 0.00 KM |
| 13 Pennygate | £ 117,000 | 0.00 KM |