McHugh & Co says ..

Property Oracle says ..

This three-bedroom property located at 762 Beverley Road, Hull, HU6 7EX, presents a mixed bag of opportunities and challenges for potential buyers. Its location on Beverley Road offers convenient access to various amenities and transport links. The proximity to well-regarded schools adds to the family-friendliness of the area. However, being situated on a busy road could impact the peace and quiet of the residence.

The property itself requires significant renovation. The provided photographs reveal dated interior finishes, including carpets, wallpaper, and kitchen and bathroom fixtures, all of which are in need of replacement or refurbishment. This factor considerably impacts its current market value and necessitates a substantial financial commitment for improvement.

The garden is a positive aspect, offering some outdoor space, although its size is relatively modest and it would also benefit from landscaping. The lack of provided plot size information prevents a more detailed assessment of the land.

The list price sits at £60,000, which is low compared to some other properties on Beverley Road, however, the average price per sqft on nearby streets is far lower. This suggests that the property is priced to reflect the condition and the need for extensive renovation. While the price may seem attractive initially, prospective buyers should factor in the substantial cost of refurbishment before making an offer. The property is best suited to buyers with the time, skills, and resources to undertake a complete renovation.

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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