McGowan Housing says ..
Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 1 Bedroom Flat | Spacious Lounge | Modern Kitchen | Prime Rental Location Within Retford
Property Oracle says ..
This one bedroom flat is located in Moorgate, Retford. The property is conveniently located within walking distance of Retford town centre and benefits from nearby transportation links, including Retford Train Station (1.75km). Several primary and secondary schools are also within a reasonable distance, including Carr Hill Primary and Nursery School (0.47km) and The Elizabethan Academy (1.60km).
Based on the provided images, the property appears to be in fair condition. While the interior seems well-maintained and recently updated, some minor cosmetic repairs might be needed to the exterior. The kitchen and bathroom show signs of recent modernization, which is positive. The property has a small plot size of 425 sqft.
The list price of £50,000 appears reasonable when compared to other nearby properties. While the square footage is not provided, similar one-bedroom flats in the area are listed between £55,000 and £72,000. Considering the property’s condition and location, the asking price seems competitive within the current market.
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
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Lot (est)
- 425.00
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
- 306,667.00 £Increased by 2.60 %
- Average area rental value
- 982.00 £/moIncreased by 28.70 %
- Est rental Yield
- 3.84 %Increased by 25.49 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Carr Hill Primary And Nursery School | Community School | Requires improvement | 0.47 KM |
| St Swithun'S Church Of England Primary Academy | Academy Converter | 0.57 KM | |
| Retford Central Childen'S Centre | Children's Centre | 0.75 KM | |
| The Elizabethan Academy | Academy Converter | Good | 1.60 KM |
| Thrumpton Primary Academy | Academy Converter | 1.76 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Crossways | £ 0 | 0 | 0.00 KM |
| Mount Pleasant | £ 150,000 | 0 | 0.00 KM |
| Little Lane | £ 110,000 | 0 | 0.00 KM |
| River Close | £ 0 | 0 | 0.00 KM |
| Churchgate | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Retford | 6511 | RET | 1.75 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Moorgate, Retford, DN22 | £ 50,000 | BUY | 5 / 10 | 0.00 KM |
| Moorgate, Retford | £ 185,000 | BUY | 6 / 10 | 0.05 KM |
| Water Lane, Retford | £ 75,000 | BUY | 5 / 10 | 0.14 KM |
| Waterfields, Retford, Retford, DN22 | £ 105,000 | BUY | 5 / 10 | 0.17 KM |
| Waterfields, Retford, Nottinghamshire, DN22 | £ 180,000 | BUY | 7 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 76 Moorgate | £ 109,000 | 0.00 KM |
| 89 Moorgate | £ 210,000 | 0.02 KM |
| 93 Moorgate | £ 170,000 | 0.02 KM |
| 74 Moorgate | £ 58,500 | 0.02 KM |
| 5 The Croft | £ 90,000 | 0.06 KM |