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

By Pygott & Crone

£ 123,000

Reviews

3 out of 5 stars

Pygott & Crone says ..

60% Shared Ownership, £187.92pm 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 seemingly excellent condition, suggesting it may be new or recently renovated. The interior features modern, unfurnished spaces, allowing buyers to personalize their home. A key positive is the property’s proximity to Frances Olive Anderson Church of England Primary School, which is rated ‘Good’ by Ofsted and located within a short walking distance. The presence of a garden adds to its appeal. Transportation links are facilitated by nearby Gainsborough Lea Road train station. However, more comprehensive local amenity information would be beneficial for a complete assessment. The list price of £123,000 appears reasonable considering the property’s condition and location, though a lack of detailed comparable sales data for similar properties in the immediate area hampers a more definite appraisal. The prevalence of shared ownership properties on Mulberry Close suggests potential price variation depending on the ownership share. Overall, this property presents a solid opportunity for first-time buyers or families looking for a move-in ready home in a convenient location near good schooling. A buyer should undertake thorough due diligence and a survey to ensure full satisfaction.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
6
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
1 Church View £ 105,0000.09 KM
11 Church View £ 40,0000.09 KM
4 Church View £ 145,0000.09 KM
6 Church View £ 137,0000.09 KM
2 Church View £ 179,9500.09 KM