OFF AGENT says ..

Property Oracle says ..

This three-bedroom terraced property in Lincoln is listed at £100,000. The property is located in the Abbey area of Lincoln, close to several schools including Lincoln Monks Abbey Primary School (rated Good by Ofsted) and within a reasonable distance to other schools. The location also offers proximity to Lincoln railway station, providing access to East Midlands Railway services. The property itself appears to be in need of some modernisation and updating, as evidenced in the provided images. The kitchen and bathrooms show signs of wear and tear, and some cosmetic work would likely improve the overall condition. The property includes a garage, a valuable asset in this area. While the plot size is listed as 0.00 sqft, the images suggest there is some small yard space. Compared to the average house price in the area (£340,786) and average price per sqft (£380), the list price of £100,000 seems significantly below average. However, considering the condition of the property and the need for potential renovations, the price might be more reasonable than initially perceived. Nearby comparable properties range from £76,000 to £188,000. Further investigation into the specifics of the required renovations and the current market conditions would be beneficial in determining the true value.

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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