Sharman Quinney says ..

Property Oracle says ..

The property is a 1-bedroom flat located in a central Peterborough location on Lincoln Road. The area benefits from being close to several primary and secondary schools, with The King’s (The Cathedral) School, rated ‘Outstanding’ by Ofsted, being within a reasonable distance. Peterborough railway station is also conveniently located approximately 0.84km away, providing good transport links.

Based on the provided images, the property appears to be in good condition. The interior is clean and well-maintained, with modern flooring and recently painted walls. The kitchen and bathroom, while not luxurious, are functional and in acceptable condition. There is no obvious evidence of significant repairs or renovations being immediately necessary. The communal garden area is also well-maintained.

The property’s size is not specified in square footage, making a precise price per square foot comparison impossible. However, given the average price per square foot in the area is £308, and comparable properties in the area are listed between £50,000 and £60,000, the list price of £52,500 appears reasonable, especially considering its central location and proximity to amenities. The lack of plot size information prevents a detailed land assessment.

In summary, this property offers a good balance of location, condition, and price, making it an attractive option for first-time buyers or investors seeking a property in central Peterborough. Further information on the property’s size would allow for a more precise evaluation.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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