Fitzjohn Sales and Lettings says ..

Property Oracle says ..

This one bedroom apartment is located on Lincoln Road in Peterborough, Cambridgeshire. The property benefits from being close to local amenities and transport links, with Peterborough train station less than a kilometre away. Several primary schools are also within walking distance, including The Beeches Primary School (Good Ofsted rating) and The King’s (The Cathedral) School (Outstanding Ofsted rating). The apartment itself is in a relatively well-maintained building, with communal gardens visible in the photos. However, the interior photos show that the apartment requires some modernisation. The carpets and decor are dated, and an update would significantly improve the property’s overall appeal and value. While the kitchen and bathroom appear functional, they also show their age and could benefit from upgrades. The list price of £50,000 is significantly lower than the average property price in the area (£259,400), however, this is likely due to the smaller size (414 sqft) and the need for modernisation. Considering the location and the potential for improvement, the price could be considered reasonable for a first-time buyer or investor looking for a project.

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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