Harris-Shields Collection says ..

Property Oracle says ..

The property is located in Scarborough, North Yorkshire, a popular seaside town. The area has several schools within a reasonable distance, including Friarage Community Primary School and Childhaven Community Nursery School. Scarborough train station is also relatively close, providing convenient transport links. The proximity to the coast is a significant positive, offering attractive views and recreational opportunities. However, the average house price in the area is significantly higher than the listed price of this property, suggesting a potential undervaluation or other factors influencing the price.

Based on the provided images, the property appears to be in need of some modernisation. The kitchen and bathroom appear functional but dated. The flooring in the bedroom shows some wear and tear. While the property retains some period features, such as exposed beams, it would benefit from some updating to improve its overall condition and appeal to a wider range of buyers. The property also benefits from a small, enclosed rear garden, which is a desirable feature in an urban setting.

Considering the property’s condition, location, and the small garden, the list price of £99,950 appears to be significantly below the average price for properties in the area. However, the lack of square footage data makes a precise comparison difficult. The lower price may reflect the need for modernisation and the smaller size of the property compared to other properties in the area. Further investigation into the property’s specific size and any potential issues would be needed to fully assess its value. The property’s period features could also be a factor in its pricing, as period properties often command a premium despite needing renovation.

The property could benefit from being described as a “period property” in marketing materials, highlighting its character features. The need for modernisation should also be addressed transparently, allowing potential buyers to factor this into their decision-making process.

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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