DDM Residential says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Humberstone Road in Grimsby, North East Lincolnshire. It is listed at £80,000 and has a floor area of 844.97 sqft. The property requires modernisation. The interior images show dated decor, worn carpets, and fixtures that are in need of updating or replacement. The property benefits from having a garden, which is a positive aspect. The garden appears to be relatively small, but it provides some outdoor space. The location is reasonably good. It is within close proximity to several primary schools with good Ofsted ratings, and there are also secondary schools within a reasonable distance. Several train stations are within a few kilometers, providing convenient access to public transportation. Considering the property’s condition, the list price of £80,000 appears to be relatively low compared to the average house price in the area (£148,630). However, the average price per sqft in the area is £145, while this property is listed at approximately £95 per sqft. This discrepancy could be attributed to the property’s condition and the need for significant modernisation. Nearby comparable properties which are in better condition are listed at significantly higher prices. Therefore, while the price is below average for the area, the required renovation works should be factored into any potential purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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