Martin & Co says ..

Property Oracle says ..

This three-bedroom terraced house in Gainsborough, Lincolnshire is listed at £100,000. The property benefits from a convenient location, with nearby schools including The Gainsborough Hillcrest Early Years Academy (Outstanding Ofsted rating) and Gainsborough Central train station within a reasonable distance. The house includes a garden, though the images suggest it requires attention. Internally, the property appears to be in need of modernisation and some repairs. The flooring shows signs of damage, and the overall condition suggests a need for renovation. While the list price is significantly below the area average (£324,984), this is likely reflective of the property’s condition and the need for substantial investment. Comparable properties in the area range from £58,000 to £160,000, although the lack of sqft data for these properties makes direct comparison difficult. The average price per sqft in the area is £267, but this is not directly applicable given the condition of this property. Considering its condition, the price may be reasonable for a buyer willing to undertake renovations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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