Nelson Street, Gainsborough, Lincolnshire, DN21
By DDM Residential
£ 160,000
Reviews
3 out of 5 stars
DDM Residential says ..
DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £160.000 plus reservation fee.
Property Oracle says ..
This three-bedroom property in Gainsborough, Lincolnshire presents a mixed bag. The location is a definite plus, being close to schools with good Ofsted ratings and with access to public transport options. However, the property’s condition is a more significant consideration. While seemingly functional, there are clear indicators that it requires some modernisation and renovation. The kitchen and bathroom look adequate, but the living areas show more wear and tear. Flooring, walls, and wallpaper appear dated in some rooms, possibly impacting the desirability for buyers looking for move-in ready homes. On the positive side, the presence of a garden adds to the property’s appeal. The price point, at £160,000, appears to be in line with the local market, taking into consideration the house’s age and condition. Potential buyers will need to factor in the refurbishment costs necessary to bring the property up to their desired standard. Overall, the property offers potential but requires investment. The proximity to Gainsborough Central train station offers a useful commute option for those working in or around Lincoln or further afield.
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
- 5
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,190.49
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
- 159,998.00 £Decreased by 13.94 %
- Est sale value
- 217,859.67 £Decreased by 9.85 %
- Average area rental value
- 723.00 £/moDecreased by 8.25 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.42 %Increased by 6.48 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
DDM Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Gainsborough Nursery School | Local Authority Nursery School | Outstanding | 0.41 KM |
| The Gainsborough Parish Church Primary School | Academy Converter | Good | 0.45 KM |
| Gainsborough North Marsh Road Children'S Centre | Children's Centre | 0.47 KM | |
| Good Apple Independent | Other Independent Special School | Good | 0.51 KM |
| Mercer'S Wood Academy | Academy Sponsor Led | Requires improvement | 0.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Garfield Street | £ 133,738 | 0 | 0.00 KM |
| Alfred Street | £ 124,975 | 0 | 0.00 KM |
| Bayard Street | £ 0 | 0 | 0.00 KM |
| Tower Street | £ 123,975 | 0 | 0.00 KM |
| Bright Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gainsborough Central | 6465 | GNB | 1.24 KM |
| Gainsborough Lea Road | 6424 | GBL | 2.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Nelson Street, Gainsborough | £ 80,000 | BUY | 6 / 10 | 0.01 KM |
| Nelson Street, Gainsborough, DN21 | £ 145,000 | BUY | 7 / 10 | 0.01 KM |
| Nelson Street, Gainsborough, Lincolnshire, DN21 | £ 130,000 | BUY | 7 / 10 | 0.08 KM |
| Morton Terrace, Gainsborough | £ 235,000 | BUY | 6 / 10 | 0.17 KM |
| Garfield Street, Gainsborough | £ 139,950 | BUY | 6 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Nelson Street | £ 130,000 | 0.01 KM |
| 9 Nelson Street | £ 118,000 | 0.01 KM |
| 8 Nelson Street | £ 118,000 | 0.01 KM |
| 6 Nelson Street | £ 112,000 | 0.01 KM |
| 14 Nelson Street | £ 80,000 | 0.01 KM |