Holmfield Lane, Orby, Skegness, Lincolnshire, PE24 5JB
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Holmfield Lane, Orby, Skegness, Lincolnshire, PE24 5JB

By Pattinson Estate Agents

£ 170,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

An opportunity to purchase a traditional Lincolnshire style cottage in a truly rural location with just one adjoining neighbour having 4 bedrooms, 3 reception rooms, kitchen and bathroom, Upvc double glazing, LP Gas fired central heating set in gardens and grounds of 0.32 acres (sts) with a range...

Property Oracle says ..

This four-bedroom, one-bathroom property in Orby, Lincolnshire, presents a unique opportunity for buyers seeking a rural lifestyle. Located on Holmfield Lane, the cottage enjoys a quiet setting, yet it’s a distance from local amenities and public transport. The property’s condition appears to be fair but requires significant renovation. Interior photos suggest dated features, and updating would enhance the property’s overall appeal. However, the substantial land that includes a sizable garden and what seems to be outbuildings provides a considerable space for expansion, gardening or future development. The asking price of £170,000 requires careful consideration given the necessary renovations, and a comparative market analysis is essential to determine its market value accurately. Whilst there is some land, the limited information regarding plot size makes an exact valuation difficult. The property’s rural location may appeal to those seeking tranquility, but buyers should factor in the cost and effort involved in renovation and the inconvenience of rural isolation. Buyers should be aware of the need for substantial renovation work before moving into the property.

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
5
Location
4
Land
6
Bedrooms
4
Bathrooms
1
Sqft (est)
1,154.97

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
282,222.00 £
Decreased by 4.78 %
from 296,398.00 £
Est sale value
316,461.78 £
Increased by 0.74 %
from 314,151.84 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est letting value
1,154.97 £/mo
Unchanged by 0.00 %
from 1,154.97 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Pattinson Estate Agents marked this listing as sold.

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Peter And St Paul C Of E Primary SchoolVoluntary Controlled SchoolRequires improvement3.11 KM
St Helena'S Church Of England Primary School, WilloughbyVoluntary Controlled SchoolRequires improvement5.98 KM
Hogsthorpe Primary AcademyAcademy ConverterGood7.73 KM
Huttoft Primary & Nursery SchoolAcademy ConverterRequires improvement8.80 KM
Wainfleet Magdalen Children'S CentreChildren's Centre8.93 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Orby Holme Field Lane £ 272,50000.00 KM
Sapphire Close £ 000.00 KM
Council Houses £ 235,83300.00 KM

Nearby Transport

NameNLCTLCDistance
Thorpe Culvert6267TPC8.54 KM
Havenhouse6260HVN8.94 KM
Wainfleet6268WFL9.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Plots 1,2 and 3, Marsh Road, Orby, Skegness £ 135,000BUY7 / 101.00 KM
Plot 1, Marsh Road, Orby, Skegness £ 75,000BUY6 / 101.02 KM
Burgh Road, Orby, PE24 £ 269,950BUY6 / 101.25 KM
Sapphire Close, Orby, Skegness £ 475,000BUY6 / 101.30 KM
Gunby Road, Orby, PE24 £ 300,000BUY6 / 101.56 KM

Nearby Properties

AddressPriceDistance
The Willows £ 165,0000.08 KM
5 Sapphire Close £ 450,0001.30 KM
1 Sapphire Close £ 287,5001.30 KM
2 Sapphire Close £ 225,0001.30 KM
4 Sapphire Close £ 270,0001.30 KM