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 %
- Est sale value
- 341,197.11 £Increased by 67.62 %
- Average area rental value
- 1,183.00 £/moIncreased by 4.41 %
- Est letting value
- 1,448.82 £/moIncreased by 100.00 %
- Est rental Yield
- 5.62 %Increased by 13.08 %
- Crime Rate
- 20.00 %Unchanged by 0.00 %
Agent Activity
Homemade created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Willoughby Academy | Academy Special Converter | 0.73 KM | |
| Bourne Grammar School | Academy Converter | 0.84 KM | |
| Bourne Abbey Church Of England Primary Academy | Academy Converter | Good | 1.09 KM |
| Bourne Elsea Park Church Of England Primary Academy | Academy Sponsor Led | Good | 1.18 KM |
| Bourne Academy | Academy Converter | Good | 1.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Osprey Close | £ 0 | 0 | 0.00 KM |
| Campion Way | £ 0 | 0 | 0.00 KM |
| St Paul's Gardens | £ 145,000 | 0 | 0.00 KM |
| Victoria Stables | £ 0 | 0 | 0.00 KM |
| Dairy Mews | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Merlin Close, Bourne, PE10 | £ 69,750 | BUY | 5 / 10 | 0.01 KM |
| Gilpin Close, Bourne, PE10 | £ 185,000 | BUY | 7 / 10 | 0.07 KM |
| Holloway Avenue, Bourne, PE10 | £ 245,000 | BUY | 7 / 10 | 0.09 KM |
| Holloway Avenue, Bourne, PE10 | £ 240,000 | BUY | 7 / 10 | 0.09 KM |
| Holloway Avenue, Bourne, PE10 | £ 290,000 | BUY | 7 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Merlin Close | £ 157,000 | 0.00 KM |
| 14 Merlin Close | £ 225,000 | 0.00 KM |
| 7 Merlin Close | £ 190,000 | 0.00 KM |
| 4 Merlin Close | £ 160,000 | 0.00 KM |
| 6 Merlin Close | £ 229,950 | 0.00 KM |