Nelson Street, Gainsborough, Lincolnshire, DN21
DD

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 %
from 185,912.00 £
Est sale value
217,859.67 £
Decreased by 9.85 %
from 241,669.47 £
Average area rental value
723.00 £/mo
Decreased by 8.25 %
from 788.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
5.42 %
Increased by 6.48 %
from 5.09 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • DDM Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
The Gainsborough Nursery SchoolLocal Authority Nursery SchoolOutstanding0.41 KM
The Gainsborough Parish Church Primary SchoolAcademy ConverterGood0.45 KM
Gainsborough North Marsh Road Children'S CentreChildren's Centre0.47 KM
Good Apple IndependentOther Independent Special SchoolGood0.51 KM
Mercer'S Wood AcademyAcademy Sponsor LedRequires improvement0.57 KM

Images

Kitchen Picture No. 21 Picture No. 17 Front Entrance Hall Lounge Dining Room Conservatory Conservatory Wc Bedroom 1 Bedroom 1 Picture No. 05 Picture No. 04 Picture No. 18 Picture No. 14 Picture No. 15 Picture No. 16 Kitchen Bedroom 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Garfield Street £ 133,73800.00 KM
Alfred Street £ 124,97500.00 KM
Bayard Street £ 000.00 KM
Tower Street £ 123,97500.00 KM
Bright Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gainsborough Central6465GNB1.24 KM
Gainsborough Lea Road6424GBL2.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nelson Street, Gainsborough £ 80,000BUY6 / 100.01 KM
Nelson Street, Gainsborough, DN21 £ 145,000BUY7 / 100.01 KM
Nelson Street, Gainsborough, Lincolnshire, DN21 £ 130,000BUY7 / 100.08 KM
Morton Terrace, Gainsborough £ 235,000BUY6 / 100.17 KM
Garfield Street, Gainsborough £ 139,950BUY6 / 100.19 KM

Nearby Properties

AddressPriceDistance
27 Nelson Street £ 130,0000.01 KM
9 Nelson Street £ 118,0000.01 KM
8 Nelson Street £ 118,0000.01 KM
6 Nelson Street £ 112,0000.01 KM
14 Nelson Street £ 80,0000.01 KM