Lovelle says ..

Property Oracle says ..

This property is a 3-bedroom, 1-bathroom terraced house located in Louth, Lincolnshire. The property is listed at £155,000 and has 720 sqft of living space. The images show a property that appears well maintained, but the decor is dated. The kitchen and bathrooms appear functional but would benefit from some modernisation. There is a small garden area and a shed. The average house price in the area is £222,851, significantly higher than the list price of this property. However, the average house size is 1560 sqft, considerably larger than this property. The average price per sqft is £142, suggesting that the list price of £155,000 for a 720 sqft property might be reasonable, especially considering its condition and the smaller plot size. Nearby properties on Stewton Lane range in price from £118,000 to £301,500, with a mix of terraced, semi-detached, and detached properties. This suggests that the list price is within the range of similar properties on the same street. The presence of several nearby schools, including St Michael’s Church of England School, which has a ‘Good’ Ofsted rating, is a positive factor for families. The lack of information on nearby transportation options makes it difficult to fully assess the location score. The property shows evidence of a fireplace and a shed.

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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