Grove Street, Balderton
RI

Grove Street, Balderton

By Richard Watkinson & Partners

£ 95,000

Reviews

2 out of 5 stars

Richard Watkinson & Partners says ..

A self-contained first floor, two bedroomed flat, with central heating, garage and front forecourt. The original Lease is extended to the year 2163, with very reasonable ground rent and insurance cost provisions. The property is conveniently situated within a popular and well established resident...

Property Oracle says ..

This two-bedroom flat located on Grove Street in Balderton, Newark and Sherwood offers a reasonably priced entry point into the Nottinghamshire housing market. The property’s location is a positive aspect; benefiting from nearby schools, transportation, and Newark’s amenities. Although proximity to transportation and schools is favorable, the immediate surroundings appear to be an average residential area. The property’s condition is presentable, with functional yet slightly dated kitchen and bathroom facilities. While the condition is not luxurious or modern, it is habitable. The key drawback of the property is its lack of external space. The small front garden provides minimal outdoor area and this may limit its overall appeal. The price of £95,000 appears competitive when compared to similar properties in the same street and locality. While there is a reasonable spread of prices in the local area, the property appears competitively priced based on the existing information, although factors such as the leasehold nature of the property and potential maintenance costs should be considered. Overall, the property presents a viable option for first-time buyers or investors seeking an affordable property in a reasonably convenient location, but the lack of significant land is a notable drawback.

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
2
Bathrooms
1
Sqft (est)
594.70

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
333,155.00 £
Increased by 26.37 %
from 263,632.00 £
Est sale value
179,599.40 £
Increased by 94.84 %
from 92,178.50 £
Average area rental value
788.00 £/mo
Increased by 20.67 %
from 653.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.84 %
Decreased by 4.38 %
from 2.97 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Richard Watkinson & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Highfields SchoolOther Independent School0.56 KM
Newark Orchard SchoolCommunity Special SchoolGood0.80 KM
Magnus Church Of England AcademyAcademy Sponsor LedGood0.93 KM
Barnby Road Academy Primary And Nursery SchoolAcademy Converter0.95 KM
The Newark AcademyAcademy Sponsor LedGood1.02 KM

Images

MAIN - 175 Grove Street, Balderton.jpg LIVING ROOM/KITCHEN BEDROOM ONE GARAGE BEDROOM TWO BATHROOM

Nearby Streets

NameAverage PriceAverage SqftDistance
Linden Avenue £ 325,00000.00 KM
Granby Avenue £ 000.00 KM
Oak Drive £ 230,00000.00 KM
Stadium Ave £ 000.00 KM
Green Avenue £ 249,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG2.08 KM
Newark Castle6498NCT2.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grove Street, Balderton £ 95,000BUY5 / 100.00 KM
Grove Street, Balderton £ 100,000BUY5 / 100.01 KM
Bancroft Road, Newark £ 195,000BUYUnknown0.12 KM
Linden Avenue, Balderton £ 325,000BUYUnknown0.15 KM
Bancroft Road, Newark £ 250,000BUYUnknown0.20 KM

Nearby Properties

AddressPriceDistance
175 Grove Street £ 67,0000.05 KM
171 Grove Street £ 55,0000.05 KM
86 Grove Street £ 105,5000.05 KM
139 Grove Street £ 135,0000.05 KM
161 Grove Street £ 60,0000.05 KM