Richard Watkinson & Partners says ..

Property Oracle says ..

This two-bedroom detached bungalow on Rutland Road, Bingham, presents a mixed bag of potential and challenges. The property’s location is its strongest asset. Bingham is a popular town with good schools and amenities, and the proximity to the train station and well-regarded schools like Toot Hill School is a definite plus. The property itself benefits from a sizeable rear garden, adding to its appeal. However, the interior reveals a significant need for modernisation. The photos show dated and worn interiors, including the kitchen, bathroom, and carpets. The property would require considerable investment to bring it up to modern standards, including a complete overhaul of the kitchen and bathroom. This should be factored into any purchasing decision. While the list price of £275,000 aligns with some properties in the area, it’s crucial to conduct a thorough survey to identify any potential structural issues or hidden costs before purchasing. The lack of precise square footage data in the nearby properties makes a robust price comparison difficult. Overall, this property would best suit someone looking for a project, who is comfortable undertaking a complete renovation. The property offers a potential return on investment once the renovation is completed, but the costs and time involved must be carefully assessed.

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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