Beercocks says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Newland Avenue in Hull, East Riding of Yorkshire. The list price is £95,000. The property benefits from a relatively central location within Hull, with nearby schools and transportation links. The proximity to St Nicholas Primary School (0.25km) and Endsleigh Holy Child Vc Academy (0.43km), both rated ‘Good’ by Ofsted, is a positive aspect for families. The distance to Hull train station (2.98km) provides reasonable access to public transport. Based on the provided images, the property appears to be in need of some modernisation and updating. The interior shows dated decor and finishes, suggesting potential for improvement. The loft conversion is noted as not being compliant with building regulations, which represents a significant issue. The property includes a garden, although the size is not specified. The presence of a garden is a positive feature, particularly for a terraced property in an urban area. Considering the average house price in the area (£146,373) and the average price per square foot (£157), the list price of £95,000 for this 1,087 sq ft property seems relatively low. However, the required modernisation and the non-compliant loft conversion significantly impact the property’s value. The lower price may reflect the need for substantial investment to bring the property up to a modern standard. Nearby comparable properties show a range of prices, with some significantly higher. The condition of the property, and the need for work, is a major factor in determining its value.

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

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