Merlin Close, Bourne, Lincolnshire, PE10
HO

Merlin Close, Bourne, Lincolnshire, PE10

By Homemade

£ 69,750

Reviews

2 out of 5 stars

Homemade says ..

A 45% share in this two bedroom coach house is available to purchase via the Shared Ownership Scheme. The accommodation comprises of a stairway leading to an open plan kitchen/reception room, two bedrooms and family bathroom. Outside benefits from a garage and parking to the front of the property.

Property Oracle says ..

This listing presents a 45% share of a two-bedroom coach house in Bourne, Lincolnshire. The property is located on Merlin Close, which benefits from being near several schools, including Bourne Grammar School. The interior photographs reveal a clean and reasonably well-maintained property, although the decor and finishes suggest the potential for improvements to enhance its modernity and visual appeal. The kitchen appears functional but basic. A significant drawback is the apparent lack of any significant outdoor space or garden. The provided data on nearby properties suggests that the price of £69,750 might be somewhat competitive, especially given that it’s a shared ownership arrangement. However, a more precise analysis requires additional data, such as the size of the coach house in square feet and the pricing of comparable 45% shared ownership properties in the immediate area. This would allow for a more accurate assessment of the property’s value for money. The lack of transportation information also hinders an informed conclusion.

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
1
Bedrooms
2
Bathrooms
1
Sqft (est)
724.41

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
252,722.00 £
Decreased by 7.54 %
from 273,325.00 £
Est sale value
341,197.11 £
Increased by 67.62 %
from 203,559.21 £
Average area rental value
1,183.00 £/mo
Increased by 4.41 %
from 1,133.00 £/mo
Est letting value
1,448.82 £/mo
Increased by 100.00 %
from 724.41 £/mo
Est rental Yield
5.62 %
Increased by 13.08 %
from 4.97 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Homemade created the listing.

Nearby Schools

NameTypeOfstedDistance
Willoughby AcademyAcademy Special Converter0.73 KM
Bourne Grammar SchoolAcademy Converter0.84 KM
Bourne Abbey Church Of England Primary AcademyAcademy ConverterGood1.09 KM
Bourne Elsea Park Church Of England Primary AcademyAcademy Sponsor LedGood1.18 KM
Bourne AcademyAcademy ConverterGood1.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Osprey Close £ 000.00 KM
Campion Way £ 000.00 KM
St Paul's Gardens £ 145,00000.00 KM
Victoria Stables £ 000.00 KM
Dairy Mews £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merlin Close, Bourne, PE10 £ 69,750BUY5 / 100.01 KM
Gilpin Close, Bourne, PE10 £ 185,000BUY7 / 100.07 KM
Holloway Avenue, Bourne, PE10 £ 245,000BUY7 / 100.09 KM
Holloway Avenue, Bourne, PE10 £ 240,000BUY7 / 100.09 KM
Holloway Avenue, Bourne, PE10 £ 290,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
9 Merlin Close £ 157,0000.00 KM
14 Merlin Close £ 225,0000.00 KM
7 Merlin Close £ 190,0000.00 KM
4 Merlin Close £ 160,0000.00 KM
6 Merlin Close £ 229,9500.00 KM