South Market Place, Alford
CH

South Market Place, Alford

By Choice Properties

£ 195,000

Reviews

2 out of 5 stars

Choice Properties says ..

**PRIME MARKETPLACE LOCATION** This spacious property sits in a prime position and consists of 2 versatile shops and a large flat, three separate units for sale as one. Situated in the heart of this historic market town, you won't want to miss out on viewing this fantastic property.

Property Oracle says ..

This property located at 28 South Market Place, Alford, Lincolnshire, presents a compelling investment opportunity for those seeking a renovation project in a desirable location. The property itself is a substantial building with a large footprint (2000 sqft) and includes multiple units. The prominent position on the Market Place offers excellent visibility and potential for commercial ventures. However, buyers should be prepared for a complete refurbishment. The interior of the property currently shows signs of disrepair and requires modernisation. While no garden space was mentioned, there is a small courtyard visible. The condition of the property should be factored into any offer. Given the central location of the property in a historic market town and the building size, the list price seems reasonable but further negotiation might be possible in view of the required renovation. Buyers should undertake a thorough survey and obtain multiple quotes for renovation work prior to making an offer.

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
4
Location
8
Land
2
Bedrooms
4
Bathrooms
1
Sqft (est)
2,000.00

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
255,821.00 £
Increased by 27.07 %
from 201,321.00 £
Est sale value
426,000.00 £
Decreased by 15.14 %
from 502,000.00 £
Average area rental value
811.00 £/mo
Increased by 34.49 %
from 603.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.80 %
Increased by 5.85 %
from 3.59 %
Crime Rate
99.00 %
Unchanged by 0.00 %
from 99.00 %

Agent Activity

  • Choice Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
John Spendluffe Foundation Technology CollegeAcademy ConverterRequires improvement0.44 KM
Alford Children'S CentreChildren's Centre Linked Site0.49 KM
Alford Primary SchoolCommunity SchoolGood0.49 KM
Queen Elizabeth'S Grammar Alford - A Selective AcademyAcademy Converter1.05 KM
St Helena'S Church Of England Primary School, WilloughbyVoluntary Controlled SchoolRequires improvement4.63 KM

Images

Shop 27 Shop 27 Office Kitchen Area/WC Kitchen Shop 27 Lounge Lounge Kitchen Shop 28 Shop 28 Flat Entrance Hall Kitchen Utility Room Bedroom 1 Bedroom 1 Shop 28 Bathroom Bathroom Bedroom 3 Bedroom 3 Balcony Bedroom 2 Bedroom 2 Shop 28 WC

Nearby Streets

NameAverage PriceAverage SqftDistance
Market Place £ 195,00000.00 KM
Staveley Road £ 218,75000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
South Market Place, Alford £ 195,000BUY5 / 100.00 KM
South Street, Alford £ 137,500BUYUnknown0.10 KM
Windmill Lane, Alford £ 120,000BUY5 / 100.10 KM
West Street, Alford £ 269,950BUY6 / 100.12 KM
Caroline Street, Alford £ 159,950BUY7 / 100.14 KM

Nearby Properties

AddressPriceDistance
26 South Market Place £ 73,5000.04 KM
20 South Market Place £ 145,0000.04 KM
5 Carr Lane £ 115,0000.08 KM
6 Carr Lane £ 110,0000.08 KM
13 South Street £ 80,0000.12 KM