Hospital Lane, Boston, Lincolnshire, PE21
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Hospital Lane, Boston, Lincolnshire, PE21

By Pygott & Crone

£ 155,000

Reviews

2 out of 5 stars

Pygott & Crone says ..

A Four bedroom HMO property located within the heart of Boston town. Being within close proximity to all amenities and the Pilgrim Hospital, this property is ideally located and would make a fantastic investment. Internally the accommodation briefly comprises, Entrance...

Property Oracle says ..

This four-bedroom property in Boston, Lincolnshire, presents a mixed bag of opportunities and challenges for potential buyers. The location is a significant plus, with its proximity to Boston Pilgrim Hospital, schools and transport links. The presence of four bedrooms offers potential for a family home or a rental property catering to multiple occupants. The external appearance of the house is reasonably well-maintained however, internal photos reveal the need for some interior modernisation. The kitchen and bathroom require updating. The living areas need some modernisation and/or decluttering to showcase their potential. The small garden requires some attention. The fact that the average price of nearby streets is higher than the list price for this property, shows that it is potentially underpriced. However, the needed renovations, might be a barrier to potential buyers and should be reflected in the purchase price. Overall, this property presents itself as a potential investment but requires a realistic assessment of the renovation costs needed 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
4
Location
7
Land
3
Bedrooms
4
Bathrooms
1
Sqft (est)
928.93

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
446,826.00 £
Increased by 0.22 %
from 445,846.00 £
Est sale value
386,434.88 £
Increased by 9.19 %
from 353,922.33 £
Average area rental value
1,514.00 £/mo
Decreased by 8.57 %
from 1,656.00 £/mo
Est letting value
928.93 £/mo
Unchanged by 0.00 %
from 928.93 £/mo
Est rental Yield
4.07 %
Decreased by 8.74 %
from 4.46 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Pygott & Crone created the listing.

Nearby Schools

NameTypeOfstedDistance
Tower Road AcademyAcademy ConverterGood0.46 KM
Boston St Mary'S Rc Primary Voluntary AcademyAcademy Converter0.47 KM
Boston Endeavour AcademyAcademy Special ConverterGood0.59 KM
Boston High SchoolAcademy ConverterGood0.66 KM
Haven High AcademyAcademy ConverterRequires improvement1.12 KM

Images

62 Hospital Lane (Boston)-2 62 Hospital Lane (Boston)-6 62 Hospital Lane (Boston)-5 62 Hospital Lane (Boston)-1 62 Hospital Lane (Boston)-3 62 Hospital Lane (Boston)-8 62 Hospital Lane (Boston)-7 62 Hospital Lane (Boston)-4

Nearby Streets

NameAverage PriceAverage SqftDistance
Brown's Road £ 000.00 KM
Queens Road £ 222,48800.00 KM
York Court £ 000.00 KM
Vauxhall Bridge £ 000.00 KM
Rason's Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Boston6216BSN1.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hospital Lane, Boston, Lincolnshire, PE21 £ 155,000BUY5 / 100.00 KM
Mafeking Terrace, Boston, Lincolnshire, PE21 £ 95,000BUY5 / 100.04 KM
Hospital Lane, Boston, PE21 £ 125,000BUY6 / 100.04 KM
Allington Garden, Boston, PE21 £ 375,000BUY6 / 100.09 KM
Browns Road, Boston, PE21 £ 65,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
62 Hospital Lane £ 110,0000.05 KM
40 Hospital Lane £ 70,0000.05 KM
50 Hospital Lane £ 103,0000.05 KM
58 Hospital Lane £ 115,5000.05 KM
31 Hospital Lane £ 100,0000.05 KM