Phoenix Property Magazine March 2015

Inside this issue… Agents Blog: Property of the month. Local area: Long Sutton & District Civic Society news. Just for fun: property related crossword. Property: Latest from Auction House East Anglia. Local area: What’s on at Sutton Bridge Curlew Centre. Local area: What’s on at Long Sutton Market House. Property: Latest news from Fenland Estates. PLUS: Full property listings.

Cover photo: property of the month in Chalk Lane, Sutton Bridge.

206 Bridge Road, Sutton Bridge, Spalding, Lincolnshire, PE12 9SG Tel: 01406 359131 Fax: 01406 359939 Email: [email protected]

Open: Monday to Friday 9am – 6pm. Saturday 9am – 4pm. Closed: Sundays & Bank Holidays

Phoenix Property Magazine March 2015 FREE

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Chalk Lane, Sutton Bridge, PE12 9YF. Asking price: £96,950.

I thought I would introduce this month’s featured property with a bit of interesting historical background information. It is believed the houses in this cul-de-sac were constructed during RAF occupation of the site as part of the airfield accommodation linked to RAF Sutton Bridge which operated between 1926 & 1958. A WW1 & WW2 airfield most famously known for it’s use as a practice bomber training post & gunnery training school. Apparently the damb buster Guy Gibson would have trained there!

THE PROPERTY: This 2 Bedroom terraced house is situated on the outskirts of Sutton Bridge in a small cul-de-sac with front field view, kitchen/diner, upstairs bathroom, rear porch, upvc double glazing, garage, off road parking, enclosed front and rear gardens plus no upward chain.

Full accommodation comprises: kitchen/diner, lounge, rear porch, first floor landing, 2 bedrooms, bathroom, enclosed front & rear gardens, garage, off road parking & upvc double glazing. Services: Mains water, drainage & electricity. Electric Night storage heating. South Holland District Council tax band: A. EPC RATING: D.

The seller of this property has owned the property since March 2001 – having relocated into the area from the South. The vendor liked that the cul-de-sac benefitted from a childrens play area for their children to play on, the property had nice views to the front and was within walking distance of pleasant walks along the river bank – popular with dog walkers. The property is available with no upward chain as the vendor has already moved into their new home.

THE AREA: Chalk Lane is an un-adopted single track lane on the Norfolk side of the A17 and off the south-east side of the swing bridge and River Nene.

Sutton Bridge is a village in the Lincolnshire District of South Holland bordering Cambridgeshire & Norfolk. Mainly known for it’s port and for being situated on the Wash inlet River Nene with it’s two 19

th century lighthouses and sea marsh banks - being popular

with bird watchers and dog walkers. Village amenities include community centre with library, nursery & primary school, doctors, pharmacy, pubs/restaurants, convenience stores, fish & chip shops, fast food shops, butchers, florists, beauty salons & hairdressers, antique shops, furniture shop, hardware store, children’s play area/field, church, commercial dock/port & food production factories. For commuting Sutton Bridge is bypassed by the A17 and approx. 9 miles from the A47. Norfolk Green operate bus services number 505 & 50 through Sutton Bridge. With access to larger towns/cities such as Long Sutton (3 miles), Holbeach (8 miles), Spalding (15 miles), Wisbech (8 miles), Kings Lynn (10 miles) & Peterborough (35 miles).

For any more information, full details including room sizes or to arrange to view please contact us on 01406 359131.

TAVERNERS MEWS, LONG SUTTON

£51,995 EPC RATING:C

Modern (2006) 2 Bedroom terraced house available on a 50% shared ownership

scheme, situated convenient for town centre amenities benefiting from

kitchen/diner, downstairs cloakroom, upvc double glazing, gas central heating, allocated parking space, enclosed rear

garden & no upward chain.

MARCH ROAD, FRIDAY BRIDGE

£53,000 EPC RATING: NA

Building plot situated on the outskirts of a popular village with field views front &

rear, planning permission for the erection of a 2 bedroom detached house. Plot measures approx. 270SqM. (Frontage: 37ft/11m Depth:68ft/21m approx.)

No upward chain.

RAILWAY LANE, SUTTON BRIDGE

£95,000 EPC RATING:D

3 Bedroom terraced house offering kitchen/breakfast room, utility, sun

room, downstairs bathroom with separate cloakroom, upvc double glazing, gas central heating (with updated combi

boiler) and generous enclosed rear garden with workshop/shed.

CHALK LANE, SUTTON BRIDGE


2 Bedroom terraced house situated on the outskirts of Sutton Bridge in a small cul-

de-sac with front field view, kitchen/diner, upstairs bathroom, rear porch, upvc double glazing, garage, off road parking, enclosed front and rear

gardens plus no upward chain. Viewing a must!

WHARF STREET, SUTTON BRIDGE


Modern semi detached house situated convenient for local amenities offering 2

double bedrooms, kitchen/diner, majority wood effect upvc double

glazing, small low maintenance rear patio garden, allocated off road parking area &

no upward chain. Viewing advised.

CHALK LANE, SUTTON BRIDGE

OIEO £100,000 EPC RATING:C

2 Bedroom terraced house on the outskirts of Sutton Bridge in a small cul-

de-sac with front field view, updated kitchen/diner, updated bathroom, rear porch, upvc double glazing, oil central heating, off road parking to the front &

rear, enclosed garden & no upward chain. Viewing a must!

WEST STREET, LONG SUTTON


Victorian terraced house situated in Long Sutton town centre backing onto Winfrey

Park offering 2 double bedrooms, 2 reception rooms, modern fitted

kitchen, modern upstairs bathroom, enclosed rear garden, upvc double glazing

& gas central heating. Internal viewing strongly advised!

PARK LANE, LONG SUTTON


Victorian 2 bedroom terraced cottage situated in a secluded lane close to town amenities benefiting from lounge/diner

with multi-fuel burner, downstairs shower room, rear porch, garage, parking, south facing enclosed rear garden, upvc double glazing & gas central heating. Viewing

advised!

NENE MEADOWS, SUTTON BRIDGE


Modern 3 bedroom semi detached house situated in a popular cul-de-sac offering

kitchen/diner, conservatory, modern shower room, double glazing (majority upvc), gas central heating, attached single garage, off road parking plus

enclosed front and rear gardens. Internal viewing advised!

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ABOUT US. With a local presence of nearly 50 years, the Society exists to promote high standards of planning and architecture; promote civic pride; secure the preservation, protection, development and improvement of historic structures or features and promote understanding of the geography, history, natural history and architecture of the area. As a registered charity, we cover the south east corner of Lincolnshire covering the communities of Long Sutton, Little Sutton, Sutton Bridge, Wingland, Tydd St. Mary, Sutton St. James, Gedney Broadgate, Gedney, Gedney Dyke, Gedney Drove End, Dawsmere, and Lutton. The Society meets every 3rd Monday of the month at the Market House in Long Sutton at 7.15 pm. With varying speakers and occasional outings, for further information call 01406 362310 or email [email protected]

SUTTON BRIDGE Over the centuries the coast line around this area has had many changes with the drainage and reclamation of land from the sea. At one point Long Sutton and Lutton was close to the sea it is recorded in the History of Long Sutton that the sea could be seen from the Lord of the Manors House, which was in Seagate Road.

It’s hard to imagine 200 years ago Sutton Bridge did not exist and was part of the parish of Long Sutton, then known as Sutton St. Mary. The first Crosskeys Bridge linking Norfolk and Lincolnshire was not built until1830, when the current Nene channel was completed. The Hamlet that became Sutton Bridge when the railway arrived in 1864 then had no church and its few inhabitants would eventually be buried in Long Sutton Church yard.

The town built up around the new railway junction and river crossing. An airfield was built and played an important part in WW2 for training fighter pilots; this is now the site of the Power station. The first dock was built in the late 19th century and almost immediately collapsed into the river, not to be rebuilt until 1987 and today plays a crucial role in the areas trade. The History of Long Sutton and its surrounding area is available on Kindle Books.

PEBBLE CLOSE, SUTTON BRIDGE


Modern semi detached bungalow situated in a popular cul-de-sac offering 2 double

bedrooms, upvc double glazing, gas central heating, garage, driveway giving off road parking, enclosed side garden &

enclosed south facing rear garden. Viewing essential!

BRIDGE ROAD, SUTTON BRIDGE

OIRO £130,000 EPC RATING:E

Recently refurbished 3 bedroom detached bungalow convenient for local bus stop & amenities offering lounge/diner, refitted kitchen & bathroom, gas central heating

(with refitted boiler), upvc double glazing, garage & driveway giving off road parking, rear garden & no upward chain.

Viewing a must!


£134,950 EPC RATING:E

End terraced 3 storey house with accommodation providing, 4 bedrooms,

bathroom, wet room/shower, 2+ reception rooms, utility room,

enclosed rear garden, garage/workshop, majority upvc double glazing & gas

central heating. Needs to be seen inside to appreciate layout & space of

accommodation offered.

LOWGATE, LUTTON


Modern link detached house situated in a popular village location with rear field

views offering 2 double bedrooms, kitchen/diner, lounge with open

fireplace, garage, driveway giving off road parking, enclosed rear garden, upvc

double glazing & gas central heating.

FIELD VIEW, TYDD ST GILES

£145,000 EPC RATING: C

3 Bedroom semi detached house situated in a popular village offering 3 reception

rooms plus conservatory, modern kitchen, utility room, downstairs cloakroom,

modern upstairs bathroom, garage/workshop, off road parking,

enclosed garden, upvc double glazing & oil central heating. Internal viewing a

must!

DAWSMERE ROAD, GEDNEY DROVE END £152,500 EPC RATING:D

Modern 3 bedroom detached bungalow in

a rural village location with rear field view, lounge with open fire,

kitchen/breakfast room, updated shower room, garage, off road parking for several

vehicles, south facing low maintenance garden, wood effect upvc double glazing

& no upward chain. Viewing advised!

FISHERGATE, SUTTON ST JAMES


Detached bungalow situated in a popular village on an overall plot of approx. 0.25 acre (sts) offering 2 double bedrooms,

kitchen/diner, utility room, bath/shower room, majority upvc double glazed

windows, garage, driveway, generous south facing rear garden & no upward

chain.

GARNSGATE ROAD, LONG SUTTON


Extended semi detached house situated in a no through lane offering 4 double

bedrooms, 2 reception rooms, downstairs shower room, upstairs bath/shower room, off road parking, generous rear garden,

upvc double glazing & gas central heating. Viewing advised!

LUTTON GOWTS, LONG SUTTON


3 Bedroom link detached house situated on the outskirts of Long Sutton & Lutton with rear field view offering extended lounge, dining room, modern kitchen,

modern bathroom, enclosed rear garden, extensive off road parking, upvc double glazing & gas central heating. Internal

viewing advised!

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ACROSS 1 WHAT CERTIFICATE DETAILS THE PERFORMANCE OF ENERGY ON A PROPERTY? 6 WHAT DO YOU HAVE OUTSIDE YOUR PROPERTY ON A POST ADVERTISING IT? 7 WHAT IS THE COMMON TERM USED WHEN DESCRIBING THE GROUND YOU INTEND TO BUILD ON? 11 I AM A PROPERTY WITH ONLY 1 OTHER PROPERTY ATTACHED TO ME? 12 WHAT IS THE CORRECT TERM USED FOR A PROPERTY ATTACHED TO ITS NEIGHBOURING PROPERTY BY ITS GARAGE? 13 THIS ABODE IS OFTEN ON WHEELS, AND ISN T RESTRICTED TO ONE LOCATION? 17 A PROPERTY CONSTRUCTED BETWEEN 1485 1603 IS REFERRED TO WHAT ERA? 18 A HOUSE ADJOINING OTHER HOUSES EITHER SIDE IS KNOWN AS A? 20 THE NAME OF FINANCE USED TO PURCHASE A PROPERTY? DOWN 2 A PROPERTY DEEMED OF HISTORICAL IMPORTANCE IS KNOWN AS? 3 A LEGAL DOCUMENT AUTHORISING CONSTRUCTION OF A PROPERTY? 4 I VE NEVER OWNED A PROPERTY BEFORE NOW, WHAT AM I? 5 AN ADDITION TO YOUR PROPERTY, REQUIRING CONSTRUCTION? 8 WHAT ARE YOU KNOWN AS WHEN SELLING A PROPERTY? 9 I AM A PROPERTY WITH BEDROOMS DOWNSTAIRS AS WELL AS UPSTAIRS? 10 A SINGLE DWELLING SPREAD OVER ONE FLOOR IS CALLED? 14 NOMINATED PROFESSIONAL INSTRUCTED TO ADVERTISE ONES PROPERTY? 15 THIS PERSON WILL DEAL WITH THE LEGAL SIDE OF YOUR PROPERTY TRANSACTION? 16 HOUSES BUILT BETWEEN 1900 & THE START OF THE 1ST WORLD WAR ARE KNOWN AS WHAT PERIOD? 19 WHAT H IS OFTEN SAID WHERE THE HEART IS ? ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

ANSWERS: ACROSS: 1) ENERGY PERFORMANCE CERTIFICATE. 6) FOR SALE BOARD. 7) BUILDING PLOT. 11) SEMI DETACHED. 12) LINK DETACHED. 13) MOBILE HOME. 17) TUDOR PERIOD. 18) TERRACED. 20. MORTGAGE. DOWN: 2. GRADE ONE LISTED. 3) PLANING PERMISSION. 4) FIST TIME BUYER. 5) EXTENSION. 8) VENDOR. 9) CHALET. 10) BUNGALOW. 14) ESTATE AGENT. 15) CONVEYANCER. 16) EDWARDIAN. 19) HOME.

FALKLANDS ROAD, SUTTON BRIDGE


Modern 3 bedroom detached bungalow in a sought after location, refitted kitchen,

conservatory, bath/shower room & separate cloakroom, wood effect upvc double glazing, attached garage, rear garden, field view, new carpets & no

upward chain.

GLENDON GARDENS, LEVERINGTON


Modern (2006) chalet style house offering 2 bedrooms upstairs, downstairs 3

rd

bedroom /dining room, lounge, kitchen/diner, downstairs shower room plus upstairs bathroom, double glazing,

gas central heating, garage, driveway & enclosed garden. Internal viewing

strongly advised!



4 Bedroom detached Georgian house situated on the outskirts of Sutton Bridge with field views, lounge with study area, dining room, kitchen, bath/shower room, outbuilding offering garage potential plus

utility, off road parking, upvc double glazed windows, gas central heating &

small garden.

NEW ROAD, SUTTON BRIDGE

£179,950 EPC RATING:F

3 bedroom detached house, 2 reception rooms, conservatory, kitchen/diner,

pantry, downstairs cloakroom, refitted bathroom, 2 driveways giving extensive

off road parking, 2 storey garage/ outbuilding, additional workshop/wc,

upvc double glazing, gas central heating, enclosed garden & no upward chain!

ANFIELD ROAD, LONG SUTTON

£194,950 EPC RATING:B

Modern (2012) detached house built by Westleigh Homes in a recently completed development offering 4 double bedrooms, en-suite to master bedroom, 3 reception

rooms, kitchen/breakfast room, downstairs cloakroom, upstairs bathroom,

enclosed rear garden, driveway, upvc double glazing & gas central heating.

LANCASTER DRIVE, LONG SUTTON

£209,950 EPC RATING:B

Individual 4 bedroom detached house built in 2012 and designed by current owners offering 3 reception rooms, kitchen/breakfast room, en-suite to

master bedroom, downstairs cloakroom, utility room, upvc double glazing,

gas central heating, off road parking, rear garden & no upward chain.

KESTREL CLOSE, SUTTON BRIDGE


Modern (2006) Allison ‘Ely’ design detached bungalow in a sought after cul-

de-sac, 3-4 double bedrooms, lounge, dining room, kitchen/breakfast room,

utility, en-suite, upvc double glazing, gas central heating, integral garage, driveway

& feature enclosed gardens to side and rear. Internal viewing a must!

BROADGATE, SUTTON ST EDMUND


Modern detached house in a rural village location on an overall plot of approx. 0.25 acre (sts), 4 double bedrooms, 3 reception rooms, refitted kitchen,

utility room, en-suite, refitted bathroom, double glazing, oil central heating, integral double garage, extensive

driveway and enclosed rear garden.

GEDNEY ROAD, LONG SUTTON

£339,950 EPC RATING:F

1930s 4 Bedroom detached house on an overall plot of 2 acres (sts) offering

lounge, sun room, kitchen/diner, walk in pantry, utility, boot room, upstairs and downstairs cloakrooms, bath/shower

room, gas central heating, double garage/workshop, office, storage

outbuildings, stable block & paddocks.

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HHoouussee EEaasstt AAnngglliiaa By Angus Kendall FRICS FCABE.

It seems difficult to believe but we’ve had the first two months of 2015 already! Looking back over 2014 we had a highly successful and record breaking year - we held twenty one auctions (in our three regional centres - Ipswich, Norwich & King’s Lynn) and sold 273 lots raising over £36 million with an average success rate of 82%. 2015 has also started well and particularly in King’s Lynn. We held our first auction on the 20

th February at the Dukes Head

Hotel, attended by over 100 people and we sold 13 out of 16 lots an 81% success rate. We have had good interest in our 3 remaining lots so that success may well increase! We see 2015 being another busy year with auctions becoming even more popular and increasing in market share. Our February catalogue had 57 lots spread across five eastern counties: Norfolk, Suffolk, Essex, Cambridgeshire and Lincolnshire comprising - building plots, woodland, grazing land, a mooring plot, barns with and without planning permission, shops, offices, industrial/mixed use properties, a number of vacant public houses and a variety of properties requiring improvement and modernisation. The benefits of auction are many - Sellers benefit from strong interest, greater competition, strong bidding and a higher hammer price. Buyers are attracted by the speed of purchase offered by auction and the certainty that if their hand is up when the hammer comes down they have exchanged contracts and haven’t missed out. Nationally - Auction House broke through the 3,000 lots sold barrier last year and has been honoured in the 2014 round of national awards with a number of trophies: Silver Award – Residential Auction House of the Year 2014: The Negotiator Awards Silver Award – Franchisor of the Year: Estate Agency of the Year Awards Bronze Award – Best Franchisor 2014: The Negotiator Awards. Our next King’s Lynn auction is scheduled for Friday 17

th April. We are already taking instructions for this sale and if you have

land or property that needs to be sold, please call the Angus Kendall on (01553) 77 77 73 for free impartial advice.

NEXT SIX AUCTION DATES Wednesday 15

th April - Norwich

Wednesday 15th

April - Ipswich Friday 17th April - King’s Lynn Wednesday 3

rd June - Norwich

Wednesday 3rd

June - Ipswich Friday 5

th June - King’s Lynn

We continually take entries for our future auctions and are happy to provide free, no obligation advice on any potential auction lot. CALL (01553) 77 77 73

HIGH BROADGATE, TYDD ST GILES


Detached bungalow offering 3 double bedrooms, 2 reception rooms,

kitchen/diner, utility, bath/shower room, additional shower room plus self

contained 1 bedroom annex to the rear of the double garage on an overall plot of approx. 2/3 acre (sts) in a non-estate

village location backing on to fields. Oil central heating & double glazing.

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Long Sutton Market House Corn Exchange is an excellent venue for family events and celebrations, for exhibitions, performances and concerts. The Corn Exchange is an ideal venue for a wedding reception, which can seat 80 comfortably. Call into reception or ring 01406 366767. We had a new floor put down in the Corn Exchange which means the room is ideal for dancing, do come and take a look.

MARKET HOUSE RECEPTION OPEN MONDAY TO FRIDAY 9.30AM TO 4.00PM. Come and meet our friendly volunteer receptionists for tourist information, bookings, local information Housing and Benefit forms for South Holland District Council, recycling bags, bus pass forms.

SOUTH HOLLAND DISTRICT COUNCIL CUSTOMER SERVICES Are in the Market House Reception Tuesdays and Thursdays if you have a concern, no need to travel to Spalding, come and meet an adviser on these days at the Market House.

MARKET HOUSE MOVIES Showing ‘What we did on our holidays’ with Billy Connelly and David Tennant Saturday 21st March

CONCERTS The popular Lesley Curtis Trio is returning with INTIMATELY EVA Saturday 18th

April 7.30pm. Tickets and information from Market House Reception 01406 366767

LINE DANCING IN THE CORN EXCHANGE Mondays 8-10pm, Tuesdays 7-9pm, Thursdays 2-3pm. For more information contact Sue Lilley 01406 364307 and email:[email protected]

LINCS YOUNG CARERS Alternate Wednesdays please contact reception for more details and dates 3.30pm – 6.30pm or ring 01205 331322

WEA GARDENING COURSE Starts Tuesday 24th February 10- 12.30pm ring reception 01406 366767 for more details.

LONG SUTTON YOUTH GROUP EVERY THURSDAY 6.30pm to 8.00pm ring 01406 366767 for more details.

CITIZENS ADVICE BUREAU Every Monday and Thursday morning 10am to 1.00pm Mondays are a drop in, Thursdays are for booked appointments only.

LITTLE WARRIORS – MARTIAL ARTS FOR CHILDREN Every Saturday 11.15am to 12.15pm Turn up on the day or ring 07925244817 or email [email protected] Ring 01406 366767 for more information.

THE LINCOLNSHIRE CREDIT UNION Is open at the Long Sutton Market House on Fridays NEW OPENING TIMES 11.00AM TO 1.00PM Think of us as a Community Bank that is run by professional volunteers, working under the strict regulations of the Financial Services Authority. When it comes to borrowing money, we make everything simple! We are able to offer loans of between £100 and £3000, with a typical monthly rate of 2% on a reducing balance. All loans are approved on a capacity to repay basis, so poor previous credit may not be a problem. If you would like to save then there are easy access savings accounts with a competitive rate of interest, call in and chat to us on Friday mornings.

AGAPE CARE FOOD BANK BRANCH AT THE MARKET HOUSE There is a collection point for donated food in reception open each day 9.30am to 4.00pm Monday to Friday. Please remember those in need this Christmas, any Christmas foods would be much appreciated, puddings, chocolates, crackers. Can you help with dried dog and cat food for those struggling with pets?

MIGRANT WORKERS ENGLISH LANGUAGE AND LIFE SKILLS CLASSES Free, 7.00pm Tuesday and Wednesday evenings in the Long Sutton Market House ring Market House Reception for more details 01406 366767 .

Come and see what else we have going on, Craft groups, Citizens Advice Bureau, Photographic Group.

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Our annual competition Lincolnshire Churches is well underway, keep looking for those churches you only need 4 and then submit your emails by post before the 12th July. All entries will be displayed on Saturday 5th September at the Market House, Long Sutton. For entry forms please email [email protected] or alternatively check out our website.

Our next group meeting takes place on Wednesday 11th March at 7.30pm. Followed by the next novice session on Saturday 21st March at 10am. Both meetings cost £3.

We are planning a trip to the Cambridge Botanical Gardens on Sunday 19th April. Depart Long Sutton at 8.30am returning Cambridge 5pm. Cost £18, payable to advance. To book your seat please contact 01406 366767 or [email protected]

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BBrriiddggee CCuurrlleeww CCeennttrree By Helen Barber, Honorary Secretary The Sutton Bridge Community Centre Fund.

WHAT’S ON:

KICKBOXING BEGINNERS CLASS Monday 18:30 – 21:00 Free first class, kickboxing trousers and T-shirt. Call or text Aaron Farr 07882 581347 or Ben Merson 07912 790988

COMMUNITY LIBRARY Opening Hours: Mondays & Tuesdays 10:00 – 14:00. Wednesdays & Fridays 14:00 – 17:00. Saturdays 10:00 – 13:00.

CITIZEN’S ADVICE DROP-IN SURGERY First Tuesday of every month. Drop-in 10:00 – 12:30. Appointments 13:15 – 15:15. 0844 411 1444 Adviceline. 01775 717444 Reception. 0844 847 6128 Polish & Latvian Advice Line.

SUTTON BRIDGE FRIENDSHIP CLUB 2nd & 4th Fridays each month 14:00 – 16:00

LCVS Thursday 09:00 – 16:00 LCVS Health Trainer’s Drop-in Sessions. Free, confidential advice and information supporting people to make healthier choices. Thinking of giving up smoking, need advice on alcohol, feeling isolated by mental health issues, want to find out more about healthy eating? LCVS can offer you up to 6 free sessions to support your health choices or simply offer you specific information on a one-off basis. Drop in to The Curlew Centre on Thursdays between 9am and 4pm. Contact the South Holland Health Trainers on 01775 718008 (www.southlincscvs.org.uk) Theresa Lewis [email protected] or 07532 236616

BRIDGE I.T. Opening Hours 10am – 3pm every week day. For all your computing needs. Call 01406 435060. www.bridgeit.org.uk or email [email protected]

SLIMMING WORLD Monday 19:00 – 21:00. Call Selina on 01406 422938 or 07977 700059 Remember the Curlew Centre is available for Hire for Meetings, Parties, Weddings, Wakes and Christenings for the latest availability and pricing or to book a room please call Helen on 01406 351122 or email [email protected]

http://thecurlewcentre.co.uk/events/our-regular-users/www.promartialartsschools.com

http://thecurlewcentre.co.uk/events/our-regular-users/www.promartialartsschools.com

http://thecurlewcentre.co.uk/events/our-regular-users/




http://www.southlincscvs.org.uk/


http://www.bridgeit.org.uk/


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The latest quarterly housing report from South Holland District Council has been published and provides some interesting data on trends for rent levels throughout the area. We are often asked for rental valuations by investors looking to purchase property to let and advice on which areas are best to maximise potential returns. In this article I will be looking at some of the figures in a little more detail and offering my personal view on any apparent anomalies as I see them. As a regulated letting and property management agent, one of the most interesting features of the figures is that they mostly correlate very closely to the rental valuations we give, and the rents we subsequently achieve. This is in stark contrast to the highly inflated valuations given by some agents overly keen to attract business from new landlords. This is a tactic which seems to be on the rise and is a constant irritation to those of us who pride ourselves on giving a professional service. From talking with the team at Phoenix I understand this is an increasing problem for them in house sales valuations also. The table below shows average rents received for different sized properties as of January 2015. I have rounded the weekly figures to show as per calendar month. The original weekly figures are sourced from Hometrack.

1 bed 2 bed 3 bed 4 bed

Sutton Bridge 395 477 585 849

Long Sutton 360 525 650 823

Holbeach 407 546 624 750

These figures show that with regard 2 and 3 bed properties there is a clear differential between the districts. The main anomaly here would be for 2 bedroom properties in Holbeach which at first would appear high. I would consider this to be due to a larger proportion of these properties being more recently built. I would expect like for like properties to have a similar rental value as Long Sutton. The figures for 1 and 4 bed properties should also be taken with a little caution as there are far fewer of these in the area. The figures as a result will be far more volatile month by month. Another area we are often asked advice upon is whether existing rents should be increased. Reading the national press it would be easy to believe that rents are rising rapidly throughout the country. The truth is that there are large regional variations and the figures for South Holland do not match this suggested trend. For example, the average monthly rental for a three bed property throughout South Holland has increased from £624 in January 2013 to £650 in January 2015. This represents an increase of just over 4.1% for the period which is broadly in line with general inflation. Landlords will have, of course, also benefited from increases in capital growth over the same period. Overall the best word to describe the local rental market would, I think, be ‘steady’. From the viewpoint of a long term investor this can be taken as a big positive. More and more people are looking to property investment as an alternative to pension annuities and bank savings in retirement. These figures should, I believe, help give confidence to potential investors in the area. Any new or existing landlords wanting free and impartial advice are always welcome to contact me directly on 01406 363006.

Documents

Phoenix Property Magazine March 2015