Newton Fallowell says ..

Property Oracle says ..

The property is a 2 bedroom apartment located on Monks Road, Lincoln, LN2 5LE. It is listed at £94,950 and has 769 sqft of living space. The property appears to be in good condition. The images show a recently decorated interior with modern fixtures and fittings in the kitchen and bathroom. The flooring appears to be well maintained. There is a small, manageable garden to the rear of the property. The location is convenient, being close to Lincoln Monks Abbey Primary School (0.85km) which has a good Ofsted rating. There is also a railway station within a reasonable distance (2.75km). Several other schools are also within a 1.5km radius. The average house price in the immediate vicinity appears to be lower than the city average, suggesting this property may be in a more affordable area. However, more specific data on the immediate area surrounding the property would be needed to provide a more precise assessment of its location score. Considering the list price of £94,950, the average house price in the area is significantly higher at £340,786. However, the average price per sqft is £380, and this property is listed at a price per sqft which is considerably lower. The lower price may be justified by the smaller size of the property and its location within a potentially less expensive area of Lincoln compared to the city average. More data on comparable properties in the immediate vicinity would be needed to fully assess the value for money. Based on the provided information, the property appears to be a reasonably priced, well-maintained apartment in a convenient location. The lack of additional information regarding the plot size and the condition of the property limits the ability to provide a more detailed analysis.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images