Rezee says ..

Property Oracle says ..

This two-bedroom end-of-terrace property in Hull’s Southcoates area is listed at £55,000. The property is in need of complete refurbishment. The interior pictures reveal significant wear and tear, requiring substantial work to make it habitable. The exterior shows a typical terraced house layout with a small garden area. The listing highlights its proximity to several primary schools with good Ofsted ratings, which is positive for families. Transport links to Hull city centre are available but this may need further investigation. The property’s condition will likely significantly affect the final sale price. Nearby properties are available from £28,350 to £120,000 showcasing the wide range of prices in the locality. The asking price of £55,000, while relatively low in the area, reflects the extensive renovation work needed. Potential buyers should factor in significant costs for modernisation. Overall, this property presents a high risk, high reward investment opportunity for those comfortable undertaking a full renovation project. More detailed information, such as square footage and plot size, could allow for a more precise evaluation.

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

Images