Jon Brambles says ..

Property Oracle says ..

The property is a detached bungalow located in Cross Lane, Farndon, Nottinghamshire. It’s a 2-bedroom, 1-bathroom property with 1,065 sqft of living space and a plot size of 1,065 sqft. The list price is £260,000. The property appears to be in reasonable condition. The images show a relatively well-maintained interior, with a recently updated bathroom. While some elements, such as the carpets and kitchen tiling, might be considered dated, they are not in disrepair. The property benefits from a conservatory and a garage. The garden is relatively small but appears manageable. The location is in Farndon, a village with a good selection of amenities. The proximity to several well-regarded schools (St Peter’s Crosskeys Cofe Academy being particularly close) is a positive factor for families. Several train stations are within a reasonable distance, providing access to Newark and other areas. Compared to the average price per sqft in the area (£339), the list price of £260,000 for a 1,065 sqft property seems reasonable. However, it is important to note that the average house price in the area is significantly higher (£355,677). This discrepancy might be explained by the smaller size and possibly the slightly dated features of the property compared to other properties in the area. Nearby properties on Cross Lane have sold for a range of prices, with some significantly lower and some higher than the asking price. This suggests that the list price is within the range of possible values for the property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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