Hunters says ..

Property Oracle says ..

This three-bedroom terraced house in Gainsborough, Lincolnshire is listed at £77,500. The property benefits from a convenient location, being within close proximity to Gainsborough Central train station (0.47 KM) and several schools, including The Gainsborough Parish Church Primary School (rated “Good” by Ofsted) and Handel House Preparatory School (0.10 KM and 0.46 KM respectively). The average house price in the area is significantly higher at £165,549, suggesting this property might be underpriced. However, this needs to be considered against the condition of the property. The property appears to be in need of some modernisation and updating, which could explain the lower price. The property also has a garden, which is a positive feature. While the average price per square foot in the area is £181, this property is smaller than average (920 sqft vs 913 sqft average) and requires some work. Nearby comparable properties on Tower Street range from £48,000 to £70,950, supporting the list price to some extent, although some are significantly lower. Overall, the property presents a potentially good investment opportunity for a buyer willing to undertake some renovations.

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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