The Old School, Witham Bank, Woodhall Spa
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The Old School, Witham Bank, Woodhall Spa

By Robert Bell & Company

£ 125,000

Reviews

2 out of 5 stars

Robert Bell & Company says ..

A converted former school pleasantly situated to a rural position with superb far reaching open views over the Lincolnshire countryside. Internally the accommodation comprises large dual aspect living room, three further rooms and cloakroom.  The property has kitchen units in need of fittin...

Property Oracle says ..

This property, situated in the rural location of Witham Bank, Woodhall Spa, Lincolnshire, presents a unique opportunity for a buyer seeking a renovation project. The three-bedroom, one-bathroom property, spanning 1,250.77 square feet, is currently in a state requiring extensive modernisation. Images reveal bare walls, outdated fixtures, and a need for complete interior refurbishment. The exterior shows a dated but structurally sound building. The property’s location offers a tranquil setting, but its distance from major amenities and transport links is a key consideration. While nearby schools exist, their distance requires a car. The lack of information regarding the exact plot size limits a comprehensive assessment of the land included in the sale. The asking price of £125,000 reflects the need for significant renovation work. Potential buyers should carefully weigh the costs of refurbishment against the property’s size, location, and potential resale value once renovated. A thorough survey and detailed costings for renovation are essential before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
3
Land
2
Bedrooms
3
Bathrooms
1
Sqft (est)
1,250.77

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
921,429.00 £
Increased by 70.18 %
from 541,443.00 £
Est sale value
1,407,116.25 £
Increased by 95.99 %
from 717,941.98 £
Average area rental value
1,672.00 £/mo
Decreased by 4.68 %
from 1,754.00 £/mo
Est letting value
2,501.54 £/mo
Increased by 100.00 %
from 1,250.77 £/mo
Est rental Yield
2.18 %
Decreased by 43.96 %
from 3.89 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Robert Bell & Company created the listing.

Nearby Schools

NameTypeOfstedDistance
St Andrew'S Cofe Primary SchoolAcademy ConverterGood2.89 KM
St Hugh'S SchoolOther Independent School3.24 KM
Tattershall Holy Trinity Church Of England Primary SchoolAcademy Converter6.12 KM
Tattershall Primary SchoolCommunity SchoolGood6.15 KM
Tattershall And ConingsbyChildren's Centre Linked Site6.28 KM

Images

The Old School Living Room Kitchen Bedroom Bedroom Bathroom The Old School Rear Wall Side of Property Witham Bank

Nearby Streets

NameAverage PriceAverage SqftDistance
Kirkstead Bridge £ 210,00000.00 KM
Manor Drive £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Martin Dales , Woodhall Spa, LN10 6XX £ 125,000BUYUnknown1.10 KM
Kirkstead Bridge Park, Martin Dales, Woodhall Spa £ 180,000BUY7 / 101.15 KM
Kirkstead Bridge Park, Martin Dales, Woodhall Spa, Lincolnshire, LN10 £ 185,000BUY7 / 101.15 KM
Kirkstead Bridge Park, Martin Dales, Woodhall Spa £ 120,000BUY6 / 101.16 KM
Kirkstead Bridge Park, Martin Dales, Woodhall Spa £ 160,000BUY6 / 101.20 KM

Nearby Properties

AddressPriceDistance
Riverside House £ 302,5000.39 KM
Hawthorn Barn £ 410,0000.49 KM
Rosebank £ 125,0000.49 KM
183 Witham Road £ 455,0001.21 KM
188 Witham Road £ 245,0001.22 KM