Meeting Lane, Irthlingborough
SI

Meeting Lane, Irthlingborough

By Simpson & Partners

£ 950,000

Reviews

3 out of 5 stars

Simpson & Partners says ..

Attention Investors! This former 18th century Baptist Church has been tastefully converted into four lovely homes with communal garden to the rear. Currently the whole block is used as 2 x three bedroom and 2 x four bedroom HMO properties (housing for multiple occupants). Offering a gross incom...

Property Oracle says ..

This property is a converted 18th-century Baptist Church in Irthlingborough, Northamptonshire. It has been transformed into four separate residential units, likely HMOs (Houses in Multiple Occupation), given the description of its current use and the number of bedrooms and bathrooms. The interior of the units shown in the photos presents a modern and well-maintained aesthetic. The units appear to be well-equipped with modern kitchen appliances and bathrooms. The property has a communal garden. However, the lack of information regarding specific details concerning the rental income and maintenance costs of this property makes it difficult to give a definitive judgment of its overall value. The list price of £950,000 needs to be considered in detail with a proper financial analysis to assess its accurate value. The provided nearby property listings show significantly lower prices. While the location is fairly positive, benefiting from reasonably close proximity to schools and a larger town, the limited land and the high list price per unit are factors which need careful consideration. A detailed financial assessment of rental yields, occupancy rates, and ongoing maintenance costs is essential before concluding on its overall value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
3
Bedrooms
10
Bathrooms
14
Sqft (est)
3,559.52

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
238,333.00 £
Decreased by 19.59 %
from 296,396.00 £
Est sale value
1,018,022.72 £
Increased by 38.83 %
from 733,261.12 £
Average area rental value
1,250.00 £/mo
Increased by 7.76 %
from 1,160.00 £/mo
Est letting value
3,559.52 £/mo
from 0.00 £/mo
Est rental Yield
6.29 %
Increased by 33.83 %
from 4.70 %
Crime Rate
39.00 %
Unchanged by 0.00 %
from 39.00 %

Agent Activity

  • Simpson & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Irthlingborough Junior SchoolAcademy ConverterGood0.55 KM
Irthlingborough Nursery And Infant SchoolAcademy ConverterGood0.61 KM
Irthlingborough Children'S CentreChildren's Centre0.73 KM
Huxlow Science CollegeAcademy ConverterGood1.25 KM
Henry Chichele Primary SchoolCommunity SchoolGood2.08 KM

Images

7c.jpg 5.jpg 8.jpg IMG_1730.JPG 23.jpg 13.jpg 2.jpg 22.jpg 0a.jpg 2.jpg 7a.jpg 9.jpg 3.jpg 5a.jpg 7.jpg 8.jpg 1.jpg 21.jpg 3.jpg 6.jpg IMG_1733.JPG 13a.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Spring Street £ 000.00 KM
Spring Close £ 000.00 KM
Pipers Close £ 000.00 KM
Meadow Way £ 000.00 KM
Home Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wellingborough1940WEL7.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Meeting Lane, Irthlingborough £ 225,000BUY6 / 100.00 KM
Meeting Lane, Irthlingborough £ 950,000BUY6 / 100.00 KM
Meeting Lane, Irthlingborough £ 250,000BUY6 / 100.00 KM
Meeting Lane, Irthlingborough £ 250,000BUY6 / 100.00 KM
Meeting Lane, Irthlingborough £ 225,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
19 Station Road £ 257,5000.02 KM
44 Station Road £ 121,0000.06 KM
20b Station Road £ 100,0000.06 KM
20 New Street £ 150,0000.08 KM
17 Meeting Lane £ 84,9950.12 KM