Considering the property’s condition requiring substantial refurbishment, and the average price of comparable properties in the area (although precise square footage data is lacking), the asking price of £125,000 appears reasonable, but not exceptionally good value. The need for extensive renovations would likely push total costs significantly higher, which needs to be considered by prospective buyers.

Based on the provided photographs, the property appears to be in need of significant renovation and modernisation. The interior finishes, fixtures, and fittings appear outdated and worn. While the structural integrity of the building seems sound, considerable investment would be required to bring it up to a modern standard of livability.

The property is situated in Gainsborough, Lincolnshire, a town offering a range of amenities including schools, transportation links (Gainsborough Central train station is within walking distance), and shops. The proximity to Handel House Preparatory School adds to its appeal for families. However, Gainsborough is not a major city, limiting access to more extensive amenities and job opportunities compared to larger urban centers. The property’s location on Northolme seems relatively quiet and residential.

The property includes a sizable garden, which is a notable asset. While the garden appears overgrown and in need of landscaping, its size represents considerable potential. The additional outbuildings such as the garage and shed also contribute positively to the land score.