OFF AGENT says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Lincoln, Lincolnshire. The location benefits from its proximity to several schools, including Mount Street Academy and The St Francis Special School, both rated as Outstanding by Ofsted. The distance to these schools is relatively short, making it an attractive option for families. Additionally, Lincoln railway station is within a reasonable distance, providing convenient access to other areas. The apartment appears to be in good condition based on the provided images. The interior is clean and well-maintained, with modern fixtures and fittings. There is no apparent need for major repairs or renovations. While the property itself doesn’t appear to have a private garden, the surrounding area includes communal green spaces, as shown in the photographs. This provides residents with access to outdoor areas for recreation. Considering the list price of £110,000, the average price of properties in the area (£302,231) and the average price per square foot (£288), this property seems significantly underpriced. However, it’s important to note that the property is smaller (499.21 sqft) than the average in the area (1,047 sqft) and lacks some features found in other nearby properties such as off-street parking and a larger plot size. The lack of bathrooms may also contribute to the lower price. Comparable properties on Cambrai Close have sold for significantly higher prices, suggesting that the list price may represent a good value opportunity, despite the smaller size and lack of certain amenities.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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