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 %
- Est sale value
- 371,954.00 £Increased by 53.83 %
- Average area rental value
- 1,200.00 £/moIncreased by 1.95 %
- Est letting value
- 638.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.92 %Increased by 18.79 %
- Crime Rate
- 38.00 %Unchanged by 0.00 %
Agent Activity
Howkins & Harrison LLP created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Towcester Church Of England Primary School | Academy Converter | Good | 0.52 KM |
| Sponne School | Academy Converter | Outstanding | 0.55 KM |
| Towcester Children'S Centre | Children's Centre | 1.04 KM | |
| Nicholas Hawksmoor Primary School | Academy Converter | Good | 1.10 KM |
| Marie Weller Primary School | Free Schools | 1.69 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Castle Lane | £ 0 | 0 | 0.00 KM |
| Sponne Shopping Centre | £ 0 | 0 | 0.00 KM |
| Heath Terrace | £ 425,000 | 0 | 0.00 KM |
| Collins Close | £ 0 | 0 | 0.00 KM |
| Vernon Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Moat Yard, Moat Lane, Towcester | £ 250,000 | BUY | 5 / 10 | 0.00 KM |
| Moat Lane, Towcester, NN12 | £ 395,000 | BUY | 7 / 10 | 0.07 KM |
| Chantry Lane, Towcester | £ 469,950 | BUY | 5 / 10 | 0.07 KM |
| Moat Lane, Towcester, NN12 | £ 425,000 | BUY | 7 / 10 | 0.08 KM |
| Chantry Lane, Towcester, NN12 | £ 425,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Moat Lane | £ 480,000 | 0.03 KM |
| 15 Moat Lane | £ 250,000 | 0.03 KM |
| 27 Moat Lane | £ 400,000 | 0.03 KM |
| Bury House | £ 350,000 | 0.03 KM |
| 157 Watling Street West | £ 800,000 | 0.11 KM |