Michael Poole says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located on Union Street, Guisborough, North Yorkshire. It has a small enclosed rear yard.

The property is in need of some modernisation and updating. Whilst the bathroom appears recently refurbished, other areas of the house show signs of wear and tear. The kitchen, in particular, looks dated and requires some work. There is also evidence of ongoing maintenance and repairs, as seen by the presence of tools and materials in the kitchen. The living areas are cluttered with boxes and furniture, making a full assessment of the condition difficult. However, based on the visible areas, a moderate level of renovation would likely improve the property’s overall condition significantly.

The location is good. Guisborough is a popular town with good local amenities and transport links. The property’s proximity to schools, including Prior Pursglove College and Chaloner Primary School (both rated ‘Good’ by Ofsted), adds to its appeal for families. Several train stations are within a reasonable distance, providing access to further afield locations.

The list price of £130,000 is slightly below the average price for the area (£199,971). However, the average price per square foot (£221.00) is significantly higher than what this property offers. Considering the property’s condition, the smaller-than-average size (678.99 sqft compared to the average of 901 sqft), and the lack of a substantial plot size, the list price appears reasonable, potentially even slightly below market value for a property in need of some modernisation. Nearby comparable properties on Union Street have sold for between £52,000 and £105,000, suggesting the £130,000 asking price may be at the higher end of the range but still within the realm of possibility.

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

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