Vendoors says ..
2-Bedroom Flat – Ideal Investment Opportunity Discover this delightful 2-bedroom flat, perfectly positioned on the second floor of a well-maintained building. This property presents an excellent investment opportunity with a tenant already in situ and no onward chain. Key Features:
Property Oracle says ..
This 2-bedroom flat on Union Street in Boston, Lincolnshire, is listed at £82,500. The property is conveniently located near Boston train station, offering good transport links. Several schools are within a reasonable distance, though their Ofsted ratings vary. The property itself is a two-bedroom flat with one bathroom, and its interior is shown in the provided images. The overall state of the property is presentable but could benefit from some modernisation and updating to enhance its appeal and potential market value. The kitchen and bathroom show signs of wear and tear, and there is evidence of an older style of decor. The flat itself is situated in a brick building in what appears to be a reasonably established residential area. While some nearby properties command higher prices, others are significantly lower, indicating market price fluctuation within the vicinity of Union Street. The lack of outdoor space is a notable feature, which is common for flats in this type of location. The asking price is fair relative to local properties of a similar size, but the condition and lack of outdoor space will affect the overall appeal to potential buyers. The property may be an ideal option for a first-time buyer on a budget, an investor seeking a rental property, or someone looking for a low-maintenance city-center residence. Potential buyers should be prepared for updating or renovation work, based on the presented condition.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 502.78
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
- 265,000.00 £Increased by 25.23 %
- Est sale value
- 115,136.62 £Increased by 9.57 %
- Average area rental value
- 892.00 £/moIncreased by 0.34 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.04 %Decreased by 19.84 %
- Crime Rate
- 26.00 %Unchanged by 0.00 %
Agent Activity
Vendoors created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Boston, Carlton Road And Old Leake Children'S Centre | Children's Centre | 0.13 KM | |
| Boston Pioneers Free School Academy | Free Schools | Good | 0.70 KM |
| Haven High Academy | Academy Converter | Requires improvement | 0.72 KM |
| Park Academy | Academy Converter | Good | 0.73 KM |
| Boston Carlton Road | Children's Centre Linked Site | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Colley Street | £ 0 | 0 | 0.00 KM |
| Medlock Place | £ 60,000 | 0 | 0.00 KM |
| Market Place | £ 0 | 0 | 0.00 KM |
| Gas Works Path | £ 59,950 | 0 | 0.00 KM |
| Church Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Boston | 6216 | BSN | 0.58 KM |
| Hubberts Bridge | 6221 | HBB | 9.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| St Marks Terrace, Boston, PE21 | £ 79,950 | BUY | 6 / 10 | 0.04 KM |
| Union Place, Boston, Lincolnshire | £ 110,000 | BUY | 5 / 10 | 0.05 KM |
| Union Court, Boston, PE21 | £ 109,950 | BUY | 6 / 10 | 0.05 KM |
| Union Place, BOSTON | £ 165,000 | BUY | 6 / 10 | 0.05 KM |
| Union Court Union Place, Boston, PE21 | £ 70,000 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 Union Street | £ 125,000 | 0.02 KM |
| 17 Union Street | £ 66,000 | 0.03 KM |
| 19 Union Street | £ 79,000 | 0.03 KM |
| 7 Union Street | £ 65,000 | 0.03 KM |
| 6 St Marks Terrace | £ 77,250 | 0.04 KM |