Robert Bell & Company says ..

Property Oracle says ..

This property is a 2-bedroom, 1-bathroom bungalow located at 271 Wolsey Way, Lincoln, LN2 4GY. It’s situated in Nettleham, West Lindsey, Lincolnshire, in the East Midlands region of England. The property is listed at £225,000 and has a plot size of 696 sqft and internal size of 664.94 sqft.

The property appears to be in excellent condition. The images show a recently renovated interior with a modern kitchen and updated bathrooms. The property benefits from a well-maintained garden.

The location is reasonably good. There are several schools within a reasonable distance, including The Lincoln St Giles Nursery School which has an outstanding Ofsted rating. Lincoln city centre is also relatively close, offering good transport links and amenities. However, the immediate surrounding area appears to be primarily residential.

Considering the average price per sqft in the area is £262 and this property is listed at £225,000, the price seems reasonable, especially given the modern condition and the relatively small plot size. The average house price in the area is significantly higher (£331,873), and the average house size is also larger (1262 sqft). The lower price point may be due to the smaller size of the bungalow compared to the average property in the area. Nearby comparable properties on Wolsey Way support this assessment, with prices ranging from £135,000 to £250,000.

The property benefits from a garden, which is a desirable feature for many buyers.

Based on the provided information, this property presents a good value proposition for buyers seeking a modern, well-maintained bungalow in a reasonably convenient location.

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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