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

By Pygott & Crone

£ 82,000

Reviews

3 out of 5 stars

Pygott & Crone says ..

40% Shared Ownership, £281.87pm 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, is presented in excellent condition, suggesting it’s either newly built or recently renovated. The property’s modern interior features a contemporary kitchen and bathroom. The inclusion of a fenced rear garden adds to its appeal. The property is a shared ownership scheme and therefore a significant portion of the overall value is not included in the listed price. The close proximity to Frances Olive Anderson Church of England Primary School makes this particularly attractive to families. Although the area offers good primary school options, there are limited amenities locally; further infrastructure is available in Gainsborough. Buyers need to meet the specific requirements of Ongo Homes before purchasing. While the price seems competitive relative to other similar shared ownership properties, determining overall value for money is complicated by the shared ownership nature of the property and the absence of pricing data for comparable fully-owned properties of similar size in Lea, which may impact the overall evaluation.

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
9
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

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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