Bettermove says ..

Property Oracle says ..

This property is a 3-bedroom terraced house located on Eastern Avenue in Gainsborough, Lincolnshire. The list price is £112,000. The property benefits from a good location, being close to Gainsborough Central train station (1.58km) and several primary schools with good Ofsted ratings, including The Gainsborough Charles Baines Community Primary School (0.25km) and The Gainsborough Hillcrest Early Years Academy (0.55km). This makes it attractive to families. Based on the provided images, the property appears to be in reasonable condition, although some minor cosmetic updates could enhance its appeal. The kitchen and bathrooms show signs of wear and tear, suggesting potential for modernisation. The garden is a good size, offering space for outdoor activities. Considering the average house price in the area is significantly higher (£324,984), and the average price per square foot is £267, the list price of £112,000 for this 367.42 sqft property appears to be very competitive. However, it’s important to note that the average sqft in the area is much larger (1217 sqft). The lower price may reflect the need for some modernisation. Nearby comparable properties on Eastern Avenue range from £62,000 to £125,000, supporting the notion that the listing price is within the expected range for this location and property type.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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