Rounthwaite & Woodhead says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom terraced house located on High Street, Snainton, Scarborough, North Yorkshire. It is listed at £230,000 and has 1,136.67 sqft of living space and a plot size of 1,191.56 sqft.

Snainton is a small village in a desirable area of North Yorkshire, close to Scarborough. The proximity to Snainton Church of England Voluntary Controlled Primary School (rated ‘Good’ by Ofsted) is a positive aspect for families. However, other nearby schools require improvement or are in special measures, which may be a concern for some buyers. The lack of nearby transportation information limits the assessment of location accessibility.

The property shows signs of needing some modernisation and updating. The interior images reveal dated decor, carpets and fixtures. The kitchen and bathrooms, while functional, are not modern. The property appears structurally sound but will require significant cosmetic improvements and potential upgrades to bring it to a contemporary standard. The exterior is a traditional stone-built terrace, which adds character. The presence of a garden is a positive feature.

Considering the average house price in the area is £239,643 and the average price per sqft is £270, the listing price of £230,000 for this 1,136.67 sqft property appears reasonable, particularly given its need for renovation. However, the lack of sqft data for nearby comparable properties limits a precise price comparison. The presence of significantly higher priced properties nearby suggests that the location holds potential for future value increase, once the property is improved.

The property would benefit from a full renovation to maximise its value. Potential buyers should factor in the cost of these works when considering the overall investment.

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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