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 %
- Est sale value
- 238,476.00 £Increased by 3.63 %
- Average area rental value
- 950.00 £/moIncreased by 2.70 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.83 %Increased by 12.12 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Martin Maslin created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Scartho Nursery School | Local Authority Nursery School | Outstanding | 0.28 KM |
| Scartho Outreach | Children's Centre Linked Site | 0.66 KM | |
| Scartho Infants' School And Nursery | Community School | Requires improvement | 0.67 KM |
| Scartho Junior Academy | Academy Converter | Good | 0.72 KM |
| Fairfield Academy | Academy Converter | Good | 0.76 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cross Lane | £ 0 | 0 | 0.00 KM |
| Matthew Telford Park | £ 0 | 0 | 0.00 KM |
| Eastend Close | £ 265,000 | 0 | 0.00 KM |
| Royal Gardens | £ 0 | 0 | 0.00 KM |
| Westfield Avenue | £ 185,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Grimsby Town | 6280 | GMB | 2.85 KM |
| Grimsby Docks | 6276 | GMD | 4.42 KM |
| New Clee | 6289 | NCE | 5.35 KM |
| Great Coates | 6275 | GCT | 5.83 KM |
| Cleethorpes | 6274 | CLE | 7.52 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| DEVELOPMENT AND REFURBISHMENT OPPORTUNITY, WALTHAM ROAD, SCARTHO, GRIMSBY | £ 600,000 | BUY | 3 / 10 | 0.00 KM |
| Waltham Road, Scartho | £ 399,000 | BUY | 8 / 10 | 0.09 KM |
| Louth Road, New Waltham, Grimsby | £ 285,000 | BUY | 7 / 10 | 0.09 KM |
| Waltham Road, Scartho | £ 415,000 | BUY | 7 / 10 | 0.14 KM |
| Pelham Avenue, Scartho, Grimsby, N E Lincs, DN33 | £ 225,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Pelham Place | £ 223,000 | 0.12 KM |
| 27 Waltham Road | £ 245,000 | 0.14 KM |
| 25 Waltham Road | £ 138,500 | 0.14 KM |
| 254 Scartho Road | £ 189,500 | 0.15 KM |
| 246 Scartho Road | £ 280,000 | 0.15 KM |