Grice and Hunter says ..

Property Oracle says ..

The property is a detached bungalow located on Burnham Road in Epworth, North Lincolnshire. It has two bedrooms, one bathroom, and a total area of 890 sqft. The asking price is £295,000.

The property appears to be in need of some modernisation and updating. Several rooms show signs of wear and tear, and some areas require repair work, such as the damaged wall in the dining area. The kitchen and bathroom, while functional, also appear dated. The exterior of the property is in reasonable condition. There is a small garden and a garage.

The location is good, with a primary school (South Axholme Academy) within walking distance (0.24km). Other schools are also nearby. The proximity to Crowle train station (7.46km) provides access to public transport.

Considering the average price per sqft in the area is £280, and the property is 890 sqft, a reasonable estimate for the property value would be around £249,200. The asking price of £295,000 is therefore higher than the estimated value based on average prices per sqft. However, the lack of plot size information for comparable properties makes a precise comparison difficult. The higher asking price may reflect the detached bungalow style, the location, and the presence of a garage and small garden. Ultimately, the value of the property will depend on the level of modernisation required and the buyer’s priorities.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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