South Parade, Spalding
LO

South Parade, Spalding

By Longstaff

£ 109,950

Reviews

2 out of 5 stars

Longstaff says ..

CASH BUYER sought for this delightful Edwardian property with extensive character, situated in a central town location. Entrance lobby, lounge, kitchen, rear lobby and bathroom to the ground floor; bedroom to the first floor. Communal Gardens. No Chain.

Property Oracle says ..

This one-bedroom, one-bathroom property situated on South Parade, Spalding, presents a mixed bag of pros and cons. Its central location in Spalding offers easy access to amenities and transportation, with several schools in close proximity. This is a plus for families. The railway station’s proximity is also appealing for commuters.

However, the property’s condition is a significant factor. The provided images show dated interiors that require a considerable amount of renovation. The décor is outdated and carpets show wear, demanding modernisation to enhance its appeal and market value. The kitchen and bathroom, while functional, also display signs of age, indicating future improvements may be necessary. This extensive refurbishment needed to bring the property to modern standards significantly impacts its current value.

The outdoor space consists of a small, paved rear garden with a greenhouse, but the overall size is unclear. This small garden area may not meet the needs of buyers looking for significant outdoor space. The overgrown vegetation suggests some level of neglect that may impact buyer perceptions.

In summary, the property’s location represents a major advantage, but the substantial need for modernisation and the modest land area make it less appealing. While the list price appears reasonable considering the market and condition, potential buyers should factor in the likely costs of renovations before making a decision. The lack of square footage information limits a full analysis.

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
4
Location
7
Land
3
Bedrooms
1
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
252,475.00 £
Increased by 33.80 %
from 188,698.00 £
Average area rental value
847.00 £/mo
Decreased by 6.31 %
from 904.00 £/mo
Est rental Yield
4.03 %
Decreased by 29.91 %
from 5.75 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Longstaff created the listing.

Nearby Schools

NameTypeOfstedDistance
Spalding Grammar SchoolAcademy ConverterGood0.43 KM
Ayscoughfee Hall SchoolOther Independent School0.55 KM
St Norbert'S Catholic Voluntary AcademyAcademy Converter0.66 KM
The Spalding St John The Baptist Church Of England Primary SchoolVoluntary Aided SchoolGood0.92 KM
Spalding Primary AcademyAcademy Converter1.31 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Henrietta Street £ 249,99500.00 KM
Park Road £ 000.00 KM
Red Lion Street £ 000.00 KM
Tower Lane £ 145,00000.00 KM
Brown's Gate £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Spalding6388SPA0.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
South Parade, Spalding £ 109,950BUY5 / 100.00 KM
South Parade, Spalding, Lincolnshire £ 60,000BUYUnknown0.01 KM
South Parade, Spalding, Lincolnshire £ 60,000BUY4 / 100.01 KM
Cross Street, Spalding £ 270,000BUYUnknown0.05 KM
Havelock Street, Spalding £ 149,950BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
8 Henrietta Street £ 118,5000.08 KM
5 Henrietta Street £ 220,0000.08 KM
3 Henrietta Street £ 250,0000.08 KM
9 Henrietta Street £ 117,5000.08 KM
32 Regent Street £ 27,2500.10 KM