The Reservoir, Surfleet
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The Reservoir, Surfleet

By Longstaff

£ 139,950

Reviews

2 out of 5 stars

Longstaff says ..

Standard construction, brick built, 3 bed detached bungalow which comes with RIVER VIEWS over the River Glen. The property sits higher up than most other properties on the Reservoir, and has a large side and rear garden. It is in need of FULL renovation.

Property Oracle says ..

This 3-bedroom detached bungalow in Surfleet, Lincolnshire, presents a mixed proposition for prospective buyers. Situated on The Reservoir, it enjoys a peaceful semi-rural setting with attractive views over the river Glen. The property’s location is a significant positive, offering a balance between tranquility and proximity to Spalding’s amenities and transport links. However, the property’s current condition presents a considerable challenge. The photographs clearly indicate a need for extensive renovation and modernisation. From outdated kitchens and bathrooms to tired decor and landscaping that requires attention, the property requires substantial investment before it becomes a comfortable home. While the garden/land is relatively large and offers potential for development, it is currently unkempt and needs significant work. The list price of £139,950 reflects the required work, placing it at the more affordable end of the local market. Buyers should approach this property with a realistic understanding of renovation costs and be prepared for considerable expenditure to bring it to a modern, habitable standard.

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
3
Bathrooms
1
Sqft (est)
995.66

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
280,858.00 £
Decreased by 11.35 %
from 316,799.00 £
Est sale value
321,598.18 £
Increased by 141.04 %
from 133,418.44 £
Average area rental value
850.00 £/mo
Decreased by 10.53 %
from 950.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.63 %
Increased by 0.83 %
from 3.60 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Longstaff created the listing.

Nearby Schools

NameTypeOfstedDistance
Surfleet Primary SchoolAcademy Sponsor Led3.52 KM
Weston St Mary Church Of England Primary SchoolAcademy Sponsor LedGood4.80 KM
Gosberton AcademyAcademy ConverterRequires improvement6.33 KM
The Fourfields Church Of England School, SuttertonVoluntary Controlled SchoolRequires improvement6.46 KM
Sutterton And Swineshead Children'S CentreChildren's Centre6.46 KM

Images

Nearby Transport

NameNLCTLCDistance
Spalding6388SPA8.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Reservoir, Surfleet £ 139,950BUY5 / 100.00 KM
The Reservoir, Surfleet, Spalding £ 130,000BUYUnknown0.02 KM
The Reservoir, Surfleet, Spalding £ 220,000BUY6 / 100.07 KM
The Reservoir, Surfleet, Spalding £ 115,000BUY5 / 100.08 KM
The Reservoir, Surfleet £ 1,200,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
8 The Reservoir £ 120,0000.02 KM
16 The Reservoir £ 190,0000.02 KM
21 The Reservoir £ 160,0000.02 KM
Vernatts Bungalow £ 15,0000.02 KM
6 The Reservoir £ 120,0000.02 KM