Pygott & Crone says ..

Property Oracle says ..

The property is a 2-bedroom end of terrace house located in Cherry Willingham, Lincoln. The property is newly built and appears to be in excellent condition. The images show a modern, well-presented interior with a small, enclosed garden. The location benefits from being relatively close to Lincoln (5.44km) and several schools, including Lincoln Carlton Academy which has an ‘Outstanding’ Ofsted rating.

Considering the average house price in the area is significantly higher (324,984) than the list price of this property (60,000), the price seems exceptionally low. However, without knowing the square footage of the property, it’s difficult to definitively assess the value per square foot and make a fully informed judgement on the price. The lack of square footage data for the property and nearby listings also hinders a complete comparative market analysis. The relatively low list price might be explained by factors not included in the provided data, such as a specific condition of the property (e.g., issues with the title), or other factors not readily apparent from the information given.

The property has a small garden, which is a positive feature for many buyers. More information on the size of the garden and the overall plot size would allow for a more detailed assessment of the land aspect.

Based on the information provided, the property appears to be well-located and in good condition, but the list price requires further investigation to determine its reasonableness. More data, specifically regarding the property’s size, is necessary for a complete and accurate assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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