Jackson Green & Preston says ..

Property Oracle says ..

The property is a 3-bedroom house located on Chelmsford Avenue in Grimsby, Lincolnshire. It’s listed at £118,000 and has a total area of 300 sqft. The average house price in the area is significantly higher at £269,233, with an average price per sqft of £324. This suggests the listed price is considerably lower than the average for the area.

The property appears to be in reasonable condition based on the provided images. While some minor cosmetic updates might enhance its appeal, there are no major signs of disrepair needing immediate attention. The kitchen and bathroom seem functional, although a modern update could increase value.

The property benefits from a rear garden, which is a positive feature, especially for families. The size of the garden is not specified, but the images show it to be of a modest size.

Considering the relatively low list price compared to area averages, the proximity to Franklin College (0.51km), and the presence of a garden, the property presents good value for money, particularly for first-time buyers or investors. However, the smaller size of the property (300 sqft) compared to the area average (829 sqft) should be considered. The lower price may reflect this smaller size and the need for potential modernisation.

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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