McHugh & Co says ..

Property Oracle says ..

The property is located in Grimsby, a town in North East Lincolnshire. The area has an average house price of £69,687, significantly higher than the listed price of this property. However, this property requires a substantial amount of renovation work. The images show significant damage and wear throughout the house, including damaged walls, floors, and fixtures. The kitchen and bathroom are particularly dated and in need of modernisation. The property does benefit from having a small yard. Given the extensive repairs needed, the low list price may reflect the cost of the necessary renovations. While the location is close to schools and transportation links, the condition of the property significantly impacts its overall value. The lack of square footage data makes a precise price per square foot comparison impossible, but based on the average price per square foot in the area (£84), and the overall condition of the property, the list price of £20,000 appears to be relatively low, though this is largely due to the property’s condition. Further investigation into the exact square footage and the extent of necessary repairs would be needed for a more precise assessment.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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