Crofts Estate Agents says ..

Property Oracle says ..

This substantial detached bungalow is located in the rural village of Mumby, Alford, Lincolnshire. A key feature of this property is its generous plot size of approximately 10 acres, which includes a sizeable stocked fishing lake. The property benefits from substantial and flexible living accommodation, although the precise layout and square footage are not specified.

The images reveal the interior of the bungalow, showing an open-plan kitchen with wooden cabinets, tiled flooring and what seems to be relatively dated but serviceable amenities. Other rooms also appear spacious and well-lit, with carpeted floors. Several bathrooms are also visible with tiling typical of properties of a certain age. Throughout the property, the decor and some fixtures appear somewhat dated and would benefit from modernisation to appeal to a wider audience.

The exterior of the property shows a large garden and the fishing lake visible from the photos. There appears to be a sizable paved area at the property, and ample parking space is also available. The property seems to be situated in a peaceful rural location, but proximity to local amenities and transport networks is not entirely clear from the provided information. The photographs show the property well, however, more detailed information on internal specifications and dimensions would assist in a more thorough analysis. The property’s value is primarily influenced by its substantial grounds. A potential buyer should factor in the renovation costs before finalizing a purchasing decision.

This kind of property will appeal to buyers searching for a tranquil rural retreat with a large amount of land and a private fishing lake. However, it is important to note the need for potential modernisation to increase the value and aesthetic appeal for a broader range of buyers. The lack of precise information about the property’s size complicates a proper price per square foot analysis and overall valuation, making it harder to state confidently if the list price is overly inflated or well-justified. Further investigation regarding property values in the immediate vicinity and consideration of local market trends should be conducted for an accurate appraisal. The absence of transportation details nearby is a limiting factor that needs to be taken into account.

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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