Martin & Co says ..
This charming 3-bedroom terraced house is a fantastic investment opportunity, perfect for developers and those looking to take on a renovation project. With great potential to add value, this property offers a solid foundation for a family home or rental investment once completed.
Property Oracle says ..
This three-bedroom terraced house in Gainsborough, Lincolnshire is listed at £85,000. The property is in need of significant renovation, as evidenced by the photos. While the location is reasonably convenient, being close to schools and transport links, the condition of the property significantly impacts its overall value. The lack of plot size is also a factor. Compared to the average price per square foot in the area (£176), the listed price might appear reasonable if the property were in good condition, however, given the extensive renovations needed, the price may be considered high. Nearby comparable properties range in price, some significantly lower, reflecting the need for renovation work.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 3
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 1,152.00
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Metrics Year-on-Year
- Average area value
- 126,075.00 £Decreased by 22.61 %
- Est sale value
- 161,280.00 £Decreased by 8.50 %
- Average area rental value
- 624.00 £/moIncreased by 21.17 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.94 %Increased by 56.73 %
- Crime Rate
- 30.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Handel House Preparatory School | Other Independent School | 0.25 KM | |
| The Gainsborough Parish Church Primary School | Academy Converter | Good | 0.32 KM |
| Gainsborough, Hemswell Cliff And Sturton Children'S Centre | Children's Centre | 0.41 KM | |
| Good Apple Independent | Other Independent Special School | Good | 0.73 KM |
| Castle Wood Academy | Academy Sponsor Led | Requires improvement | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tower Street | £ 123,975 | 0 | 0.00 KM |
| Thomas Cooper Drive | £ 0 | 0 | 0.00 KM |
| Curtis Walk | £ 0 | 0 | 0.00 KM |
| Albert Terrace | £ 0 | 0 | 0.00 KM |
| Bright Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gainsborough Central | 6465 | GNB | 0.57 KM |
| Gainsborough Lea Road | 6424 | GBL | 1.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parish Mews, Gainsborough | £ 85,000 | BUY | 3 / 10 | 0.00 KM |
| Parish Mews, Gainsborough | £ 90,000 | BUY | 4 / 10 | 0.00 KM |
| Tower Street, Gainsborough | £ 67,950 | BUY | 5 / 10 | 0.06 KM |
| Carlisle Mews , Gainsborough | £ 74,950 | BUY | Unknown | 0.09 KM |
| Carlisle Mews, Gainsborough | £ 55,000 | BUY | 5 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 North Street | £ 90,000 | 0.04 KM |
| 16 North Street | £ 95,000 | 0.04 KM |
| 17 Tower Street | £ 78,000 | 0.05 KM |
| 37 Tower Street | £ 50,000 | 0.05 KM |
| 33 Tower Street | £ 75,000 | 0.05 KM |