Longstaff says ..

Property Oracle says ..

This property in Gosberton, Lincolnshire presents a compelling opportunity, but prospective buyers should approach with a realistic appraisal of its strengths and weaknesses. The location in Gosberton offers a peaceful village setting with the added benefit of an ‘Outstanding’ Ofsted rated primary school within close proximity. There are local amenities present in the village but for a wider selection of shopping and services a short trip to Spalding would be needed.

The property itself benefits from a substantial plot of land, which is quite rare for this type of property. The large garden and several outbuildings offer substantial potential for various uses, from gardening to additional living space (subject to planning permission). However, the existing internal condition requires modernisation. The kitchen and bathroom in particular require updating. It’s crucial to factor in the cost of these renovations when assessing the overall value.

The list price aligns reasonably with comparable properties in the vicinity, taking into account the significant land area, although the lack of precise square footage makes a direct price-per-square-foot comparison unreliable. Overall, this property offers significant potential, but only if buyers are prepared to budget for internal improvement costs. The substantial land alone adds considerable value. Thorough inspection and costing of potential renovations before purchase is essential.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images