Choice Properties says ..

Property Oracle says ..

The property is a two-bedroom terraced house located in Louth, Lincolnshire. The list price is £149,950. The property appears to be in reasonable condition, although some minor updates or cosmetic improvements may enhance its appeal. The kitchen and bathroom appear functional but could benefit from some modernisation. The flooring and decor throughout seem relatively standard. There is no evidence of significant structural issues or major repairs required. The property has minimal or no land associated with it. The images show a small paved area to the front of the property, providing parking space, but there is no visible garden. Considering the average price per square foot in the area is £214, and this property is 560 sqft, a comparable property would be expected to cost around £119,840. However, the list price is £149,950, which is £30,110 higher. Several nearby properties have sold for less than the list price, indicating that the property may be slightly overpriced, especially considering its size and lack of outdoor space. The higher price could be justified if the property offers additional features not visible in the images or if there is high demand in the immediate area. However, based on the available information, the pricing appears somewhat inflated compared to similar properties in the vicinity. The proximity to schools rated ‘Good’ or ‘Outstanding’ might slightly increase the value, but this is likely outweighed by the lack of land and higher-than-average price per sqft compared to similar properties. The location is reasonably good, with several primary and secondary schools within a kilometre. The immediate vicinity appears to be residential, with easy access to local amenities likely nearby, although this information isn’t explicitly provided.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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