Mulberry Close, Lea, Gainsborough, DN21
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Mulberry Close, Lea, Gainsborough, DN21

By Pygott & Crone

£ 102,500

Reviews

3 out of 5 stars

Pygott & Crone says ..

50% Shared Ownership, £234.89pm rent on the remaining share + £10pc service charge for £125yr leasehold. A successful purchaser has to be approved via an application process with Ongo Homes. Contact Pygott & Crone for full details of criteria. Alternative share values are availab...

Property Oracle says ..

This three-bedroom semi-detached property in Lea, Gainsborough, presents a modern and well-maintained interior. The property benefits from a relatively new build, suggesting minimal immediate maintenance needs. It is conveniently located near a well-regarded primary school, Frances Olive Anderson Church of England Primary School. The presence of a garden is also a positive although the current state is unkempt and needs attention. However, the small plot size is a drawback; The price point of £102,500 is a significant consideration. The area appears to show a considerable range of pricing for homes, influenced by varying types of ownership (such as shared ownership options). The relatively high price for this property, coupled with the limited available land, and the proximity to similar properties sold at lower prices with similar sq footage could be a deterrant for buyers. The lack of data on average prices per square foot in the immediate vicinity makes a comprehensive price comparison difficult. A full and detailed survey would be recommended before finalizing a purchasing decision, taking into account not only the building itself but also the shared ownership implications and conditions.

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
6
Condition
7
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
893.40

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
302,567.00 £
Increased by 9.67 %
from 275,886.00 £
Est sale value
274,273.80 £
Decreased by 27.76 %
from 379,695.00 £
Average area rental value
1,147.00 £/mo
Increased by 17.88 %
from 973.00 £/mo
Est letting value
893.40 £/mo
Unchanged by 0.00 %
from 893.40 £/mo
Est rental Yield
4.55 %
Increased by 7.57 %
from 4.23 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Pygott & Crone created the listing.

Nearby Schools

NameTypeOfstedDistance
Frances Olive Anderson Church Of England (Aided) Primary SchoolVoluntary Aided SchoolGood0.50 KM
St George'S Church Of England Community Primary School, GainsboroughVoluntary Controlled SchoolGood2.31 KM
Benjamin Adlard Primary SchoolAcademy ConverterGood2.73 KM
The Gainsborough Hillcrest Early Years AcademyAcademy ConverterOutstanding3.21 KM
The Gainsborough Charles Baines Community Primary SchoolCommunity SchoolGood3.30 KM

Images

IMG_1914 IMG_1920 IMG_1917 garden IMG_1918 IMG_1922 IMG_1923

Nearby Streets

NameAverage PriceAverage SqftDistance
Church View £ 169,95000.00 KM
Orchard Avenue £ 000.00 KM
Lea Park £ 250,00000.00 KM
Churchill Way £ 240,00000.00 KM
The Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gainsborough Lea Road6424GBL2.46 KM
Gainsborough Central6465GNB3.76 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mulberry Close, Lea, Gainsborough, DN21 £ 123,000BUY7 / 100.00 KM
Willingham Road, Lea £ 315,000BUYUnknown0.03 KM
Church View, Lea, Gainsborough £ 150,000BUY6 / 100.09 KM
Church View, Lea £ 165,000BUYUnknown0.09 KM
Lea, Gainsborough, Lincolnshire, DN21 £ 285,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
15 Church View £ 125,0000.09 KM
2 Church View £ 179,9500.09 KM
6 Church View £ 137,0000.09 KM
4 Church View £ 145,0000.09 KM
1 Church View £ 105,0000.09 KM