DEVELOPMENT AND REFURBISHMENT OPPORTUNITY, WALTHAM ROAD, SCARTHO, GRIMSBY
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DEVELOPMENT AND REFURBISHMENT OPPORTUNITY, WALTHAM ROAD, SCARTHO, GRIMSBY

By Martin Maslin

£ 600,000

Reviews

1 out of 5 stars

Martin Maslin says ..

A unique opportunity to acquire three historic cottages and a parcel of land with Outline Planning Permission for the construction of up to four new dwellings. Located in the heart of Scartho this 0.73 acre site will appeal to a creative developer/investor who can envisage flexible o (cont.)

Property Oracle says ..

This property is located on Waltham Road in Scartho, Grimsby. The area benefits from nearby schools such as Scartho Nursery School (Outstanding Ofsted rating) and several others within a 1km radius. Transport links include Grimsby Town train station approximately 2.85km away. The property itself is a terraced house that appears to be in need of modernisation or refurbishment, as indicated by the listing description and image. The list price is £600,000 for a 1192 sqft property. This is significantly higher than the average price of £225,428 and average price per sqft of £222 in the area. Nearby comparable properties show a wide range of prices, suggesting a lack of consistency in pricing. The absence of plot size information makes it difficult to assess the land value accurately. Overall, the property presents a development opportunity, but the high list price needs to be considered carefully in relation to the required refurbishment and the average property values in the area.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
3
Condition
4
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
1,192.38

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
195,586.00 £
Decreased by 8.31 %
from 213,307.00 £
Est sale value
238,476.00 £
Increased by 3.63 %
from 230,129.34 £
Average area rental value
950.00 £/mo
Increased by 2.70 %
from 925.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
5.83 %
Increased by 12.12 %
from 5.20 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Martin Maslin created the listing.

Nearby Schools

NameTypeOfstedDistance
Scartho Nursery SchoolLocal Authority Nursery SchoolOutstanding0.28 KM
Scartho OutreachChildren's Centre Linked Site0.66 KM
Scartho Infants' School And NurseryCommunity SchoolRequires improvement0.67 KM
Scartho Junior AcademyAcademy ConverterGood0.72 KM
Fairfield AcademyAcademy ConverterGood0.76 KM

Images

Main Picture

Nearby Streets

NameAverage PriceAverage SqftDistance
Cross Lane £ 000.00 KM
Matthew Telford Park £ 000.00 KM
Eastend Close £ 265,00000.00 KM
Royal Gardens £ 000.00 KM
Westfield Avenue £ 185,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Grimsby Town6280GMB2.85 KM
Grimsby Docks6276GMD4.42 KM
New Clee6289NCE5.35 KM
Great Coates6275GCT5.83 KM
Cleethorpes6274CLE7.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
DEVELOPMENT AND REFURBISHMENT OPPORTUNITY, WALTHAM ROAD, SCARTHO, GRIMSBY £ 600,000BUY3 / 100.00 KM
Waltham Road, Scartho £ 399,000BUY8 / 100.09 KM
Louth Road, New Waltham, Grimsby £ 285,000BUY7 / 100.09 KM
Waltham Road, Scartho £ 415,000BUY7 / 100.14 KM
Pelham Avenue, Scartho, Grimsby, N E Lincs, DN33 £ 225,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
3 Pelham Place £ 223,0000.12 KM
27 Waltham Road £ 245,0000.14 KM
25 Waltham Road £ 138,5000.14 KM
254 Scartho Road £ 189,5000.15 KM
246 Scartho Road £ 280,0000.15 KM