Farrow Estate Agent Ltd says ..

Property Oracle says ..

The property is a three-bedroom terraced house located on Elsenham Road in Grimsby, North East Lincolnshire. The list price is £45,000. The property is in need of significant renovation. The images show damp patches on walls, damaged ceilings, and a generally unkempt interior. The garden is overgrown and contains a significant amount of rubbish. The location is within reasonable proximity to several primary schools, with Littlecoates Primary Academy being the closest at 0.20km. Grimsby Town train station is approximately 1.97km away. However, the overall condition of the immediate area appears run-down, potentially impacting the desirability of the location. While the property has a small garden, its current state detracts from its value. The presence of rubbish and overgrown vegetation suggests a need for considerable landscaping and garden clearance. Considering the average house price in the area is £69,711 and the average price per square foot is £92, the list price of £45,000 for this property appears low. However, the extensive renovation required significantly offsets this advantage. The property’s condition is a major factor that would likely influence a buyer’s willingness to pay. The nearby comparable properties listed show a range of prices, some higher and some lower, but none are in a directly comparable condition.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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