Walshe's Property says ..

Property Oracle says ..

The property is a land plot with a former pub located at Bay Horse Public House, Shore Road, Garthorpe, North Lincolnshire, DN17 4AF. The list price is £160,000. Considering the surrounding area, the average house price is £206,216 and the average price per sqft is £247. Nearby properties range in price from £115,000 to £325,000. However, direct comparisons are difficult due to the lack of sqft data for the subject property and its neighbours. The property’s location in Garthorpe places it within reasonable proximity to several primary schools (Burton-Upon-Stather Primary School, Luddington & Garthorpe Primary, Alkborough Primary School, and Eastoft Church Of England Primary School), all with good or outstanding Ofsted ratings. Train stations are also within a reasonable distance, approximately 8-10km away. The images show a property that appears to be in need of significant renovation. The exterior shows signs of disrepair and the overall condition seems poor. The plot size is unknown, so a land score cannot be given. Given the need for substantial renovations, the uncertain plot size, and the lack of specific details regarding the property’s size and condition, it’s challenging to definitively assess its value. The list price of £160,000 appears to be within the range of similar properties in the area, but the required investment in renovations could significantly impact the overall value proposition. Further investigation into the plot size and potential development opportunities would be necessary for a more complete assessment.

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

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