Kings Estate Agents says ..

Property Oracle says ..

The property located on Larkswood Road, Redcar, North Yorkshire is a semi-detached house listed at £99,950. The property has two bedrooms and one bathroom, with a total area of 680 sqft. The plot size is listed as 0 sqft, although images show a small garden area. The property is situated in Kirkleatham, Redcar and Cleveland. Several primary and secondary schools are within a reasonable distance, including Kirkleatham Hall School which has a good Ofsted rating. Several train stations are also within a few kilometers, providing convenient access to public transportation. Based on the provided images, the property appears to be in need of significant renovation. The interior shows considerable wear and tear, with damaged flooring, walls, and fixtures. The garden also needs attention. Considering the condition, a renovation project would be necessary before the property could be considered habitable. The average house price in the area is £180,380, significantly higher than the listed price of this property. However, the average house size is 1208 sqft, substantially larger than the 680 sqft of the property in question. The average price per sqft in the area is £149, while this property’s price per sqft is considerably lower. Considering the required renovations, the listed price may reflect the property’s current condition and the costs associated with bringing it up to a habitable standard. However, the price is still significantly below average for the area, even considering the need for renovation. Further investigation into comparable properties in a similar state of repair would be needed to fully assess the price’s reasonableness.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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