Purplebricks says ..

Property Oracle says ..

Marine Terrace is located in Skinningrove, a village near Saltburn-by-the-Sea in North Yorkshire. The property is a terraced house with a relatively large square footage (1,668 sqft) compared to the area average (1,038 sqft). While the plot size is only 768 sqft, it’s still larger than many terraced properties in the area. The location benefits from proximity to several schools, including Whitecliffe Academy (1.31km) and Hummersea Primary School (1.60km), both with good Ofsted ratings. Saltburn train station is also within reasonable commuting distance (8.52km).

Based on the provided images, the property appears to be in generally good condition, although some aspects may require attention. The kitchen and bathrooms seem recently updated or well-maintained. However, the property shows some signs of age and a traditional style. There is evidence of exposed beams and a traditional fireplace, which could be considered charming features depending on buyer preferences.

The list price of £130,000 is below the average house price in the area (£157,897). However, the average price per square foot in the area is £152, suggesting that the property’s price may be slightly undervalued given its size. Nearby comparable properties on Marine Terrace sold for between £58,750 and £72,000, but these properties are smaller and may not be directly comparable in terms of condition or features. The lack of information on the condition and size of nearby properties makes a definitive price comparison difficult.

Considering the property’s size, location, and apparent condition, the list price seems reasonable, potentially even slightly below market value given the area’s average price per sqft. However, a full inspection is recommended to assess any potential maintenance or repair needs that could impact the overall value. The property’s traditional style and features could appeal to specific buyers, potentially justifying the price further.

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

Images