TES Property (Lincolnshire) Limited says ..

Property Oracle says ..

This property in Maltby Le Marsh, Lincolnshire, is a four-bedroom, two-bathroom dormer bungalow currently under construction. The available architectural plans depict a substantial property with a garage and what appears to be a well-designed layout. The location offers a desirable balance between rural calm and access to amenities, though the distance to schools and the lack of readily available nearby transportation are points to consider. The provided imagery shows the property at its foundation stage, offering no insight into the final quality of materials or workmanship. Crucially, the exact plot size and garden are undefined. This uncertainty limits the assessment of both the value of the land and the final value of the finished property. The £465,000 list price is difficult to fully evaluate due to this lack of information; although nearby properties of similar type are listed for similar or higher prices, the lack of comparable data on square footage and plot sizes makes definitive evaluation impossible without more concrete information. The buyer should be aware of the risks associated with purchasing an off-plan property. A thorough independent survey will be required at the appropriate stage of development to accurately assess the quality and conformity with specifications. Prospective buyers should also consider the additional costs potentially associated with finalizing this property, including landscaping, any potential snagging issues, and additional site works that may not be covered in the purchase price. Overall, the property offers significant potential, but due to the early stage of construction, purchasers should proceed with caution and appropriate due diligence.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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