Main Road, Hundleby, PE23
NE

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 %
from 296,398.00 £
Est sale value
195,307.20 £
Increased by 0.74 %
from 193,881.60 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est letting value
712.80 £/mo
Unchanged by 0.00 %
from 712.80 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodlands AcademyAcademy Special ConverterOutstanding1.24 KM
The Eresby School, SpilsbyAcademy Special ConverterOutstanding1.36 KM
King Edward Vi AcademyAcademy Sponsor LedGood1.68 KM
Spilsby, Horncastle And Tattershall Children'S CentreChildren's Centre1.82 KM
Spilsby Primary SchoolAcademy ConverterGood1.97 KM

Images

Nearby Listings

AddressPriceTypeScoreDistance
Main Road, Hundleby, PE23 £ 225,000BUY5 / 100.00 KM
Main Road, Hundleby, Spilsby £ 525,000BUYUnknown0.00 KM
79 Main Road, Hundleby, Spilsby £ 195,500BUY6 / 100.01 KM
Church Lane, Hundleby, Spilsby £ 250,000BUY6 / 100.07 KM
Church Lane, Candlesby, £ 280,000BUY6 / 100.10 KM

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7 Park Avenue £ 225,0000.43 KM