Mundys says ..

Property Oracle says ..

The property is located in Manby, a village in East Lindsey, Lincolnshire. The area has an average house price significantly higher than the list price of this property. However, it’s important to note that the average price per square foot in the area is £282, and this property is considerably smaller than average at 725 sqft. Given the list price of £100,000, this translates to approximately £138 per sqft, which is substantially lower than the area average. The property is a new build, and based on the provided architectural drawings, appears to be in excellent condition. It has five bedrooms, which is unusual for a property of this size and price point in the area. The lack of bathrooms listed is a notable concern, however. The plot size is listed as 0.00 sqft, which is unusual for a new build property. However, the aerial and ground-level photographs show a sizeable garden, indicating that the plot size may be incorrectly recorded. The garden appears to be well-maintained and provides a pleasant outdoor space. Considering the size, number of bedrooms, apparent condition, and the presence of a garden, the list price of £100,000 appears to be very low compared to the average house price in the area. However, the lack of bathroom information and the discrepancy in the plot size information require further investigation. The property’s value may be impacted by these factors. The location is positive as it is close to a primary school, although further investigation into the quality of the school and other local amenities is recommended.

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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