5 Read Way, Coningsby
RO

5 Read Way, Coningsby

By Robert Bell & Company

£ 150,000

Reviews

3 out of 5 stars

Robert Bell & Company says ..

A three bedroom semi detached house pleasantly situated within this ever-popular residential area. The property does require some updating but offers an excellent opportunity to upgrade to one’s own desire.  The property is enhanced with good off-street parking and a surprisingly larg...

Property Oracle says ..

This three-bedroom semi-detached house located in Coningsby, Lincolnshire, presents a mixed bag of opportunities and challenges for prospective buyers. The property’s location in Coningsby is appealing, given its reputation as a desirable village, and the proximity of several well-regarded primary schools (albeit a short drive away) makes it potentially attractive to families. However, the property undeniably requires significant modernisation. The interior photographs reveal dated fixtures and finishes in the kitchen and bathroom, and a general need for updating. The condition of the house, though not showing major structural issues, is not move-in ready and will require investment. The size of the garden is not explicitly stated, however, from the photographs it appears to be a standard garden space offering some outdoor area for relaxation. The listing price needs to be considered against the overall cost of required renovations, but the property’s location and the potential to increase value following improvements suggests it is not overpriced and represents potentially good value for money for the right buyer willing to undertake some significant updating work.

Therefore, we give this property 6 / 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
5
Bedrooms
3
Bathrooms
1
Sqft (est)
780.00

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
133,978.00 £
Decreased by 33.17 %
from 200,487.00 £
Est sale value
248,820.00 £
Increased by 58.71 %
from 156,780.00 £
Average area rental value
755.00 £/mo
Decreased by 3.94 %
from 786.00 £/mo
Est letting value
780.00 £/mo
from 0.00 £/mo
Est rental Yield
6.76 %
Increased by 43.83 %
from 4.70 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Robert Bell & Company created the listing.

Nearby Schools

NameTypeOfstedDistance
Coningsby St Michael'S Church Of England Primary SchoolAcademy Converter1.23 KM
The Barnes Wallis AcademyAcademy Sponsor LedGood1.79 KM
Tattershall And ConingsbyChildren's Centre Linked Site2.27 KM
Tattershall Primary SchoolCommunity SchoolGood2.41 KM
Tattershall Holy Trinity Church Of England Primary SchoolAcademy Converter2.64 KM

Images

Front Elevation Living Room Kitchen Bedroom Enclosed Rear Garden Bathroom Rear of Property

Nearby Streets

NameAverage PriceAverage SqftDistance
Castle Lane £ 000.00 KM
Farfield £ 199,97500.00 KM
Washington Close £ 000.00 KM
School Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
5 Read Way, Coningsby £ 150,000BUY6 / 100.00 KM
Read Way, Coningsby, Lincoln, LN4 £ 250,000BUY6 / 100.02 KM
28 Read Way, Coningsby £ 225,000BUY7 / 100.07 KM
Pingle Close, Coningsby £ 300,000BUYUnknown0.09 KM
Finney Close, Coningsby, Lincoln £ 265,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
7 Read Way £ 89,9500.02 KM
24 Read Way £ 111,7500.02 KM
9 Read Way £ 129,9500.02 KM
16 Read Way £ 325,0000.02 KM
17 Read Way £ 95,0000.02 KM