Purplebricks says ..

Property Oracle says ..

This one-bedroom ground floor flat in Trusthorpe, Lincolnshire, is marketed as an investment opportunity with a tenant already in place. The property appears to be in reasonably good condition, with recent renovations or updates to the kitchen and bathroom evident in the images. The interior is simple but clean and well-presented. However, the flat lacks significant outdoor space, essentially having no garden. The location offers proximity to a number of schools, including a 'Good' rated primary academy; however, more details on local amenities and transport are required for a full evaluation. The current list price is within the range of other nearby properties and given the current market conditions and the fact that it is already tenanted, the price is justifiable within the context of investment properties. It is crucial to independently verify the rental income and to undertake a thorough property survey to determine the extent of any potential maintenance or repair costs before making an investment decision. Additional information on the lease, tenancy agreement, and any potential planning restrictions is also advised. Overall, this presents as a potentially viable investment, but buyers should undertake all necessary due diligence before proceeding with a purchase. Therefore, we give this property 4 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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