The listed price of £310,000 appears relatively reasonable considering that it has planning permission for conversion into five apartments. The comparable sales data is limited, and the average price per sqft isn’t provided, which makes a precise valuation difficult. However, the potential return on investment from redevelopment justifies the price point in the investment property market.

Based on the provided photos, the property shows signs of wear and tear, requiring some degree of refurbishment and modernisation. While the structure appears sound, the interior finishes and fixtures show varying levels of condition, with some areas needing clear attention. The property is not in ‘move-in’ condition.

The property is situated on Weelsby Road in Grimsby, which benefits from proximity to several schools (Linkage College, Welholme Academy, Oasis Academy Wintringham, and Edward Heneage Primary Academy, all within approximately 1km) and is relatively close to public transport links (Grimsby Town train station is approximately 2km away). This makes the location appealing to families and commuters. However, Grimsby’s overall market position is a factor that slightly reduces the score.

The property includes a garden area that appears to be of reasonable size, offering space for outdoor use. While the photos suggest some maintenance is required, the presence of a garden adds value to the property, especially considering its redevelopment potential.