Martin Maslin says ..

Property Oracle says ..

This semi-detached bungalow in Laceby, Grimsby is listed at £175,000. The property is situated on Charles Avenue, within the Wolds locality of North East Lincolnshire. While the location benefits from proximity to Stanford Junior and Infant School (0.56km), Best Futures (1.75km), and several other schools, the area also has limited transportation options, with the nearest train stations being several kilometers away. The property itself is a 3-bedroom, 1-bathroom bungalow with a total area of 840.98 sqft and a plot size of 987 sqft. Based on the images, the property appears to be in need of some modernisation or renovation. The carpets and wallpaper are dated, and some cosmetic repairs would improve the overall presentation. The kitchen and bathroom are functional but also show their age and could benefit from updating. The property has a garden and a shed. Compared to nearby properties, the price per sqft seems reasonable, considering the average price per sqft in the area is £203. However, the condition of the property needs to be factored in. The list price of £175,000 is significantly lower than the average house price in the area (£339,606), which could indicate good value for money, particularly given the plot size. However, potential buyers should budget for renovation costs.

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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