William H. Brown says ..

Property Oracle says ..

The property is a terraced bungalow located in Loughborough, Leicestershire. It is a 2 bedroom, 1 bathroom property with a total area of 385.58 sqft and benefits from a garden. The property is listed for £150,000. The location is positive, with several outstandingly rated primary schools within a short distance. Loughborough train station is also relatively close by. Based on the images provided, the property appears to be in reasonable condition, though some modernisation would likely enhance its appeal. The decor is dated, and some aspects, such as the carpeting and kitchen, may require updating. However, the property seems structurally sound and well-maintained. The garden is a definite asset, offering outdoor space. Considering the average house price in the area is £549,850 and the average price per sqft is £436, the listed price of £150,000 for this 385.58 sqft property appears significantly lower than the average. However, it’s important to note that this property is a bungalow and smaller than the average property size in the area. The fact that it’s a retirement property and the relatively low prices of nearby properties on Delisle Court also support the lower list price. The lower price may also reflect the need for some modernisation.

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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