Lovelle says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Wellowgate Mews, Grimsby. The apartment is situated within a gated development, suggesting a degree of security and privacy. The proximity to Grimsby Town train station (0.14km) is a positive aspect, offering convenient access to public transportation. Several schools are within a reasonable distance, including Ormiston South Parade Academy (0.57km), rated ‘Good’ by Ofsted. This is beneficial for families or those looking to live near good schools.

The apartment itself appears to be in reasonable condition. The provided photographs show a clean and well-maintained interior. While the kitchen and bathroom fittings are somewhat dated, they are functional and do not appear to be in need of immediate repair. The flooring is consistent throughout, suggesting a recent update. There is no evidence of significant damage or disrepair.

The property lacks a private garden, which is a common feature of many homes in the UK. This is a notable drawback for those seeking outdoor space.

Considering the list price of £75,000, the average price of properties in the area (£339,216) and the average price per square foot (£312), this property appears to be significantly underpriced. However, the lack of plot size and the smaller size of the property (540 sqft) compared to the area average (1086 sqft) should be considered. The nearby comparable listings, mostly around £105,000, support the lower price point. Therefore, while the price is low compared to the area average, it seems relatively reasonable given the size and lack of outdoor space.

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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