Choice Properties says ..

Property Oracle says ..

This two-bedroom bungalow in Mablethorpe, Lincolnshire, presents a mixed bag. Its location in Mablethorpe offers access to a local primary school, enhancing its appeal for families. The property boasts a garden, providing valuable outdoor space for relaxation or potential development. While the images suggest a structurally sound building, the interior requires significant modernisation. The decor is dated, and an update would substantially improve the property’s overall appeal and market value. The kitchen and bathrooms, in particular, appear to require renovation or at least a refresh.

The asking price of £220,000 needs further contextualisation in the absence of definitive square footage data for nearby properties. A direct comparison with the average price per square foot in the immediate area is impossible due to missing data. However, considering similar properties nearby listed at £160,000-£185,000, the property’s price seems somewhat higher, especially given its need for modernisation. Buyers should carefully consider this aspect before making an offer. A detailed survey is essential before committing to purchase to assess the extent of any necessary renovations and their associated costs. Overall, the property could be a rewarding project for a buyer looking for a coastal home, but it comes with the understanding that a substantial investment in renovation will likely be required to fully realise its potential. The presence of a garage adds to the property’s appeal, offering practical storage or the potential for conversion into additional living space, subject to planning permissions.

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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