EA Ben Cade says ..

Property Oracle says ..

The property is located in Frodingham, Scunthorpe, North Lincolnshire. It is a three-bedroom semi-detached house with one bathroom, and a total area of 665.25 sqft. The property is listed at £90,000.

The property benefits from being close to several schools, including Outwood Academy Brumby (Good Ofsted rating) which is only 0.23km away. The proximity to schools is a positive factor for families. Scunthorpe train station is also relatively close by at 1.31km.

Based on the images provided, the property appears to be in generally fair condition, although some modernisation would likely improve its overall appeal and value. The kitchen and bathroom show some signs of age and could benefit from updating. The garden is present, but appears to be somewhat unkempt and requires some attention.

Compared to other properties in the area, the list price of £90,000 seems relatively low, considering the average price in the area is £206,216. However, it’s important to note that the average sqft in the area is 834 sqft, significantly larger than the 665.25 sqft of this property. The average price per sqft in the area is £247, while this property is priced significantly lower per sqft. The lower price point might be justified given the condition and the need for potential renovations. Nearby comparable properties range in price from £41,950 to £169,950, suggesting that the list price falls within a reasonable range, although on the lower end, potentially reflecting the need for some modernisation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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