Yopa says ..

Property Oracle says ..

The property is a 3-bedroom detached bungalow with 1 bathroom, situated in Bracebridge Heath, Lincolnshire. The listing mentions front and rear gardens and off-street parking. The property’s square footage is 641 sqft, and the plot size is 779 sqft. The list price is £240,000. The property appears to be in good condition. The provided photographs show a recently updated kitchen and bathroom, with modern fixtures and fittings. The flooring appears to be new or recently replaced. The rest of the property seems well-maintained, though some rooms are sparsely furnished, making it difficult to assess the overall condition comprehensively. The property benefits from a rear garden, although the images suggest it may require some maintenance. The size of the garden is relatively modest, considering the overall plot size. Considering the average house price in the area is £258,025 and the average price per square foot is £218, the listed price of £240,000 for this 641 sqft property seems reasonable, particularly given its apparent good condition and the inclusion of a garden. However, the lack of information regarding the specifics of the property’s condition (structural integrity, presence of any hidden defects, etc.) and the limited information on comparable properties (many nearby listings have a sqft of 0.00) makes it difficult to definitively assess the value. The average price per sqft in the area is significantly higher than the implied price per sqft of this property, suggesting it may be undervalued. Further investigation into comparable properties with similar sqft and features would be beneficial to confirm this. The location within Bracebridge Heath is likely a positive factor impacting the price, as it’s described as a “popular area,” suggesting desirable amenities and a strong local market. The proximity to schools and transportation links would also positively influence the desirability of the property.

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

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