Sedge Ltd says ..

Property Oracle says ..

This property in Boston, Lincolnshire comprises a three-bedroom terraced house situated above a long-established takeaway business. The property’s location is fairly central and near schools and amenities which could be a strong attraction for families and those who value proximity to town centres. However, it should be noted that the lack of a usable garden is a significant drawback. From the photographs provided, the property shows signs of wear and tear. The kitchen and bathroom appear dated and could benefit from modernisation. Whilst the three bedrooms provide suitable sleeping accommodation, generally the property shows signs of lacking significant updates. The listing price, £220,000, is quite high and requires further analysis concerning the value of the established business that is incorporated into the sale. More detailed financial information of the business and also further comparative properties data would allow for a clearer analysis. The square footage of the residential section is quoted at 1,534.90 sq ft however no data is available on the square footage of the commercial section. In summary, the property offers a unique proposition combining residential accommodation with a business opportunity, but potential buyers should carefully consider the required investment for modernisation and review the financial details of the business.

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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