Balmoral Drive, Grantham, Lincs
EW

Balmoral Drive, Grantham, Lincs

By EweMove

£ 240,000

Reviews

3 out of 5 stars

EweMove says ..

Located on popular Balmoral Drive, this three bedroom semi with good sized garden and ample parking makes a perfect starter home or rental investment. Minutes from road and rail links and with 3 years NHBC remaining, it's the perfect choice.

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom house with a total area of 777 sqft, listed at £240,000. The property is situated in the Arnoldfield area of Grantham which benefits from being close to several schools including The Gonerby Hill Foot Church Of England Primary School (rated ‘Good’ by Ofsted), Poplar Farm School, The Isaac Newton Primary School (rated ‘Good’ by Ofsted), West Grantham Church Of England Secondary Academy and Ambergate Sports College (rated ‘Outstanding’ by Ofsted). Grantham railway station is also within a reasonable distance, providing transport links. The property itself appears to be in excellent condition, modern and well-maintained, as evidenced by the provided photographs. The kitchen and bathrooms are contemporary and the property seems to have been recently updated. The property also benefits from a garden, providing outdoor space. Considering the average house price in the area is £280,758 and the average price per sqft is £264, the listed price of £240,000 for this 777 sqft property appears to be relatively reasonable, especially given its modern condition and proximity to amenities and schools. However, it is worth noting that the average sqft for the area is significantly higher at 1,061 sqft, suggesting that this property is smaller than average. The lack of plot size information prevents a more detailed assessment of land value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
6
Bedrooms
3
Bathrooms
2
Sqft (est)
777.00

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
264,745.00 £
Decreased by 9.25 %
from 291,737.00 £
Est sale value
300,699.00 £
Increased by 22.47 %
from 245,532.00 £
Average area rental value
1,390.00 £/mo
Increased by 25.23 %
from 1,110.00 £/mo
Est letting value
1,554.00 £/mo
Increased by 100.00 %
from 777.00 £/mo
Est rental Yield
6.30 %
Increased by 37.86 %
from 4.57 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • EweMove created the listing.

Nearby Schools

NameTypeOfstedDistance
The Gonerby Hill Foot Church Of England Primary SchoolVoluntary Controlled SchoolGood0.65 KM
Poplar Farm SchoolFree Schools0.79 KM
The Isaac Newton Primary SchoolAcademy Sponsor LedGood1.21 KM
West Grantham Church Of England Secondary AcademyAcademy Converter1.40 KM
Ambergate Sports CollegeAcademy Special ConverterOutstanding1.41 KM

Images

Front View of Property Kitchen Kitchen Diner Lounge Lounge WC Bedroom 1 Bedroom 2 Bedroom 3 Bathroom Back Garden Rear View of Property

Nearby Streets

NameAverage PriceAverage SqftDistance
Arundel Drive £ 260,00000.00 KM
Chichester Close £ 250,00000.00 KM
Derby Close £ 240,00000.00 KM
Bristol Close £ 245,00000.00 KM
Cowes Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Grantham6469GRA2.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Balmoral Drive, Grantham, Lincs £ 240,000BUY7 / 100.00 KM
Balmoral Drive, £ 154,000BUY7 / 100.07 KM
Jameston Close in Grantham £ 210,000BUY7 / 100.08 KM
Alnwick Way, Grantham, Lincolnshire, NG31 £ 110,000BUYUnknown0.11 KM
Monmouth Way, Grantham, NG31 £ 215,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
32 Balmoral Drive £ 339,9500.07 KM
17 Balmoral Drive £ 203,9950.07 KM
30 Balmoral Drive £ 500,0000.07 KM
35 Balmoral Drive £ 201,9950.07 KM
4 Balmoral Drive £ 218,0000.07 KM