Choice Properties says ..

Property Oracle says ..

The property is located on Monks Dyke Road in Louth, Lincolnshire. It’s a two-bedroom, one-bathroom house with a total area of 943.99 sqft. The list price is £159,000.

The property is in need of significant renovation. The images show dated interiors, worn carpets and flooring, and generally poor condition throughout. The kitchen and bathroom are particularly tired. This will significantly impact the cost of purchase.

The property benefits from a small garden, although it appears overgrown and in need of attention. The plot size is listed as 0.00 sqft, which is unusual and may require further clarification.

Considering the average house price in the area is £210,676 and the average price per sqft is £214, this property is priced significantly below average. However, the required renovations must be factored into the overall cost. The lower price reflects the property’s condition and the need for substantial investment. Nearby properties show a range of prices, with some significantly higher and others, lower. The lack of plot size information makes a definitive assessment of value difficult. The proximity to schools is a positive factor for families.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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