Fitzjohn Sales and Lettings says ..

Property Oracle says ..

The property is a 2-bedroom semi-detached bungalow located in Gunthorpe, Peterborough. The listing mentions it is a \“perfect retirement option\” and is marketed towards over 55s. The property benefits from a conservatory, which extends the living space and provides additional light. The kitchen appears dated but functional. The bathroom is a wet room, which may be suitable for those with mobility issues. The property has a small garden to the rear. While the images show the property to be in reasonable condition, some updating may be required to modernize the kitchen and potentially the flooring. The overall condition appears adequate for its age and type, though not luxurious. The location in Gunthorpe appears relatively quiet and residential, based on the listing description. The proximity to several schools, including Paston Ridings Primary School and Norwood Primary School (both rated \‘Good\’ by Ofsted), is a positive aspect for families. Peterborough city centre is within a reasonable distance, offering access to a wider range of amenities and transportation links. The list price of £140,000 is significantly lower than the average house price in the area (£413,125). However, the smaller size of the property (990 sqft vs. an average of 908 sqft) and its age should be considered. The average price per sqft in the area is £454, but the lack of sqft data for comparable properties makes a precise price comparison difficult. Considering the condition, location, and size, the price could be considered reasonable for a property of this type, especially for buyers looking for a smaller, more manageable home. The lower price may also reflect the property’s age and the fact that it is marketed towards a specific demographic (over 55s).

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

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