Gresley Lodge, Royston
WI

Gresley Lodge, Royston

By William H. Brown

£ 170,000

Reviews

2 out of 5 stars

William H. Brown says ..

Situated within easy access to Royston town centre and adjacent to Royston railway station, a spacious and well maintained one bedroom first floor apartment benefitting from an extended 999 year lease from 2019 and nil ground rent.

Property Oracle says ..

This one-bedroom apartment in Royston, Hertfordshire, presents a potentially attractive option for first-time buyers or investors. Its proximity to Royston town centre and the train station provides easy access to commuting routes and urban amenities. The interior appears well-maintained, with an updated kitchen and a reasonably spacious living area. The available photos showcase a clean and tidy living environment.

The listing mentions an extended 999-year lease from 2019 with nil ground rent, which is a positive feature. However, it’s crucial to note the lack of specific plot size data, which is a common issue with apartment listings. The property shares its land with a building complex.

While the property seems to be in good condition based on the images, a professional survey is highly recommended before purchase to confirm the absence of any underlying issues. The price appears competitive compared to other nearby properties of similar size and type, indicating reasonable value for money. However, to obtain the definitive value for money assessment further market research would be required with respect to square footage and plot size.

Overall, this apartment presents a good opportunity, especially for those prioritizing location and convenience. Buyers should thoroughly assess the property’s condition and conduct necessary checks before committing to a purchase.

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
6
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
602.78

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
378,697.00 £
Decreased by 4.98 %
from 398,545.00 £
Est sale value
220,014.70 £
Decreased by 17.98 %
from 268,237.10 £
Average area rental value
1,507.00 £/mo
Increased by 38.13 %
from 1,091.00 £/mo
Est letting value
602.78 £/mo
Unchanged by 0.00 %
from 602.78 £/mo
Est rental Yield
4.78 %
Increased by 45.73 %
from 3.28 %
Crime Rate
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Tannery Drift SchoolCommunity SchoolGood0.38 KM
Roman Way AcademyAcademy Sponsor Led0.77 KM
Nh1 Royston And Villages Family CentreChildren's Centre0.77 KM
St Mary Roman Catholic Primary SchoolAcademy ConverterOutstanding0.91 KM
Studlands Rise First SchoolCommunity SchoolGood1.66 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Green Drift £ 000.00 KM
Anglia Business Park £ 230,00000.00 KM
Butchers Baulk £ 000.00 KM
A10 £ 000.00 KM
Half Acre £ 700,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Royston6090RYS0.09 KM
Meldreth7036MEL5.79 KM
Shepreth7044STH9.38 KM
Ashwell And Morden6083AWM9.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gresley Lodge, Royston £ 170,000BUY5 / 100.00 KM
Old North Road, Royston, SG8 £ 190,000BUY5 / 100.02 KM
Old North Road, Royston, Hertfordshire, SG8 £ 180,000BUYUnknown0.03 KM
Old North Road, Royston, Hertfordshire, SG8 £ 190,000BUY5 / 100.03 KM
Old North Road, Royston, SG8 £ 600,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
6 Old North Road £ 921,0000.09 KM
14 Old North Road £ 357,5000.09 KM
4 Old North Road £ 112,0000.09 KM
10b Old North Road £ 122,5000.09 KM
2 Old North Road £ 600,0000.09 KM