Pygott & Crone says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom semi-detached bungalow with a total area of 706 sqft and a plot size of 856 sqft. The list price is £112,500. The property appears to be in good condition, with a well-maintained interior and exterior. The kitchen and bathroom seem recently updated or well-maintained. The garden is relatively small but well-kept, featuring raised flowerbeds and a paved patio area. The location in Dunholme, Lincoln, benefits from proximity to Dunholme St Chad’s Church of England Primary School (rated ‘Good’ by Ofsted) and other schools within a reasonable distance. However, information on nearby transportation links is missing, preventing a complete assessment of the location’s convenience. Considering the average house price in the area is significantly higher (£288,802) and the average price per sqft is £298, the listed price of £112,500 for this property appears low. However, it’s important to note that the provided data includes several properties with missing sqft data, which makes direct comparisons difficult. Furthermore, the listing description mentions that the price represents a 50% share, suggesting the property may be part of a shared ownership scheme. This significantly impacts the price and should be considered in any evaluation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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