eXp UK says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom detached bungalow located in North Hykeham, Lincoln, with a list price of £250,000. The property has 899 sqft of living space and benefits from a garden. The average house price in the area is significantly higher at £617,857, with an average price per sqft of £544. However, nearby properties on Mill Moor Way show a range of prices, from £125,000 to £360,000, suggesting some price variability on this street. This variability may be due to factors such as size, condition, and plot size. The property’s location is positive, with nearby good-rated schools and relatively easy access to transport links via the nearby Hykeham train station. Based on the images, the property appears to be in fair condition. While it is habitable, some aspects of the interior decor and the garden could benefit from some modernisation or improvement. The kitchen and bathroom appear relatively well-maintained, however, other areas such as the living room and bedrooms show signs of wear and tear, suggesting a potential need for some updating. The garden is present but requires some attention. Considering the property’s condition, location, and the range of prices for similar properties in the area, the list price of £250,000 appears to be reasonable, potentially even slightly below average for the area, given the smaller size and the need for some modernisation. However, the lack of plot size information for comparable properties makes a definitive price comparison challenging.

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