Paul Fox says ..

Property Oracle says ..

This property is a 3-bedroom bungalow located on Church Street, Owston Ferry, Lincolnshire. The property benefits from a good-sized garden, detached garage and is in a quiet residential area.

Owston Ferry is a small village, and while this location may not suit those seeking a bustling town centre, it offers a peaceful environment. The proximity to St Martin’s Cofe Primary School (rated ‘Good’ by Ofsted) is a positive for families. However, the lack of readily available information regarding nearby transportation links needs further investigation.

Based on the provided images, the property appears to be in need of modernisation. The décor and furnishings are dated, and some aspects of the property could benefit from updating to meet modern standards. The kitchen and bathrooms, in particular, show their age.

The property includes a sizeable garden, with a shed and greenhouse, offering ample outdoor space. This is a significant advantage, particularly for families or those who enjoy gardening. The size of the plot is 1,596.29 sqft.

Considering the average house price in the area is £206,216 and the average price per sqft is £247, the list price of £360,000 for this 1,517.71 sqft property seems high. While the property has a large garden and is located in a desirable area, the condition of the property and the need for modernisation should be factored into the valuation. Nearby comparable properties show a wide range of prices, suggesting that the market in this area is quite varied. Further investigation into recent comparable sales would be beneficial to determine a more precise market valuation.

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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