Main Road, Hundleby, PE23
By Newton Fallowell
£ 225,000
Reviews
2 out of 5 stars
Newton Fallowell says ..
A detached bungalow on a good sized plot in a village location. The bungalow is in need of updating throughout and has two bedrooms, a driveway, garage and enclosed rear garden. NO CHAIN
Property Oracle says ..
This two-bedroom bungalow in Hundleby, Lincolnshire, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location offers a balance between village tranquility and proximity to the amenities of Spilsby, including highly-rated schools. The presence of a garden, though not expansive, adds to its appeal. However, the property’s condition is a significant factor. The interior images suggest a need for extensive modernisation and updating, from the carpets and wallpaper to the kitchen and bathroom. This will undoubtedly require a considerable investment of time and money. The list price of £225,000 appears relatively competitive in the context of the local market, but potential buyers should thoroughly factor in the costs associated with renovation before making an offer. A comprehensive survey is highly recommended to assess the full extent of any necessary repairs or structural work. Overall, this property presents a good investment prospect for those willing to undertake a renovation project, but it’s crucial to approach it with realistic expectations of the costs involved.
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
- 6
- Land
- 5
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 712.80
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
- 282,222.00 £Decreased by 4.78 %
- Est sale value
- 195,307.20 £Increased by 0.74 %
- Average area rental value
- 1,223.00 £/moIncreased by 4.80 %
- Est letting value
- 712.80 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.20 %Increased by 10.17 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Newton Fallowell created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Woodlands Academy | Academy Special Converter | Outstanding | 1.24 KM |
| The Eresby School, Spilsby | Academy Special Converter | Outstanding | 1.36 KM |
| King Edward Vi Academy | Academy Sponsor Led | Good | 1.68 KM |
| Spilsby, Horncastle And Tattershall Children'S Centre | Children's Centre | 1.82 KM | |
| Spilsby Primary School | Academy Converter | Good | 1.97 KM |
Images
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Main Road, Hundleby, PE23 | £ 225,000 | BUY | 5 / 10 | 0.00 KM |
| Main Road, Hundleby, Spilsby | £ 525,000 | BUY | Unknown | 0.00 KM |
| 79 Main Road, Hundleby, Spilsby | £ 195,500 | BUY | 6 / 10 | 0.01 KM |
| Church Lane, Hundleby, Spilsby | £ 250,000 | BUY | 6 / 10 | 0.07 KM |
| Church Lane, Candlesby, | £ 280,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Bowmans Ridge | £ 280,000 | 0.41 KM |
| 2 Bowmans Ridge | £ 117,000 | 0.41 KM |
| 1 Bowmans Ridge | £ 400,000 | 0.42 KM |
| 2 Park Avenue | £ 160,000 | 0.43 KM |
| 7 Park Avenue | £ 225,000 | 0.43 KM |