McGowan Housing says ..

Property Oracle says ..

The property is a two-bedroom terraced house with one bathroom, situated on Queen Street in Withernsea. The property has a total area of 724.52 sqft and benefits from a small rear yard. Withernsea is a seaside town in East Riding of Yorkshire, and the property’s proximity to local schools such as Withernsea High School (rated ‘Good’ by Ofsted) and Withernsea Primary School (also rated ‘Good’) is a positive attribute for families. The presence of other nearby schools further enhances its appeal to families. The property’s condition appears to be fair. While the images show the property is habitable, some areas appear dated and could benefit from some modernisation. The kitchen and bathroom, in particular, show signs of wear and tear, suggesting that some updating would improve the overall appeal. The list price of £80,000 is significantly lower than the average house price in the area (£199,097). However, this difference is partially explained by the smaller size of the property (724.52 sqft compared to the average of 1133 sqft). Considering the average price per sqft in the area is £175, a property of this size might be expected to sell for around £126,800. The lower list price may reflect the property’s condition, which requires some updating and modernisation. The fact that several nearby properties on Queen Street have sold for considerably less than the average house price in Withernsea further supports this assessment. The presence of a small yard, while not extensive, is a positive feature. In summary, the property presents a mixed bag. While its location and proximity to schools are positive aspects, the property’s condition requires some improvement. The list price, while significantly below the area average, seems reasonable considering the property’s size and condition. A potential buyer should factor in the cost of modernisation and updating into their decision-making process.

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

Images