Moat Yard, Moat Lane, Towcester
HO

Moat Yard, Moat Lane, Towcester

By Howkins & Harrison LLP

£ 250,000

Reviews

2 out of 5 stars

Howkins & Harrison LLP says ..

A rare and exciting opportunity to buy a pair of apartments, converted from a former barn, centrally located within the thriving town of Towcester. The properties are currently let on Assured Shorthold tenancies at £650 pcm and £700 pcm respectively, creating a gross annual yield of £16,200, whic...

Property Oracle says ..

The property located at Moat Yard, Moat Lane, Towcester, NN12 6FX is a one-bedroom, one-bathroom property with an area of 638 sqft. The property is situated in Towcester, which benefits from its proximity to local amenities and schools. Towcester Church of England Primary School and Sponne School, both with good Ofsted ratings, are within a short distance. The Sponne Shopping Centre is also nearby, providing convenient access to local shops. Based on the provided image, the property appears to be in reasonable condition. While the exterior shows some signs of age, it doesn’t appear to be in need of significant repair or renovation. However, a more thorough inspection would be needed to confirm this assessment. The property does not appear to have any land associated with it. Considering the list price of £250,000, the average price of properties in the area is £370,130, and the average price per sqft is £424. This property is significantly below the average price for the area. However, the lack of land and smaller size (638 sqft compared to the average of 872 sqft) may justify the lower price. The nearby properties on Moat Lane show a range of prices, with some significantly higher than the listed price of this property. Further analysis of comparable properties, considering their size, condition, and features, would be necessary to determine if the list price represents good value.

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
6
Condition
7
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
638.00

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
367,306.00 £
Decreased by 14.19 %
from 428,035.00 £
Est sale value
371,954.00 £
Increased by 53.83 %
from 241,802.00 £
Average area rental value
1,200.00 £/mo
Increased by 1.95 %
from 1,177.00 £/mo
Est letting value
638.00 £/mo
Unchanged by 0.00 %
from 638.00 £/mo
Est rental Yield
3.92 %
Increased by 18.79 %
from 3.30 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Howkins & Harrison LLP created the listing.

Nearby Schools

NameTypeOfstedDistance
Towcester Church Of England Primary SchoolAcademy ConverterGood0.52 KM
Sponne SchoolAcademy ConverterOutstanding0.55 KM
Towcester Children'S CentreChildren's Centre1.04 KM
Nicholas Hawksmoor Primary SchoolAcademy ConverterGood1.10 KM
Marie Weller Primary SchoolFree Schools1.69 KM

Images

Flat 2, Moat Yard Kitchen Flat 2, Moat Yard Lounge. Flat 2, Moat Yard Kitchen Flat 2, Moat Yard Kitchen Flat 2, Moat Yard Lounge Flat 2, Moat Yard Shower Room. Flat 2, Moat Yard Bedroom 1 & 2 Moat Yard, Moat Lane, Towcester.JPG Floorplan.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Castle Lane £ 000.00 KM
Sponne Shopping Centre £ 000.00 KM
Heath Terrace £ 425,00000.00 KM
Collins Close £ 000.00 KM
Vernon Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Moat Yard, Moat Lane, Towcester £ 250,000BUY5 / 100.00 KM
Moat Lane, Towcester, NN12 £ 395,000BUY7 / 100.07 KM
Chantry Lane, Towcester £ 469,950BUY5 / 100.07 KM
Moat Lane, Towcester, NN12 £ 425,000BUY7 / 100.08 KM
Chantry Lane, Towcester, NN12 £ 425,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
24 Moat Lane £ 480,0000.03 KM
15 Moat Lane £ 250,0000.03 KM
27 Moat Lane £ 400,0000.03 KM
Bury House £ 350,0000.03 KM
157 Watling Street West £ 800,0000.11 KM