G.R. Estates says ..

Property Oracle says ..

This three-bedroom detached bungalow is situated on Highbank Road in Ormesby, North Yorkshire. The property benefits from a relatively small plot size of 705 sqft, which is also the size of the house itself. While the location offers proximity to several schools including Nunthorpe Primary Academy (Outstanding Ofsted rating) and Nunthorpe Academy (Good Ofsted rating), both within approximately 1.2 KM, and several train stations within a reasonable distance, the average house price in the area significantly exceeds the listing price of £140,000. The average house price is £329,750 with an average price per sqft of £270. This suggests that the property may be undervalued, but this needs to be considered in the context of its condition. The images reveal that the property requires some renovation work, particularly in the bathroom where the flooring needs replacing. While the kitchen and some rooms have recently been updated, other areas show signs of needing work. The garden is relatively small, but does provide some outdoor space. Overall, the property presents a mixed bag; a good location close to schools and transport links is offset by the need for renovations and the small plot size. The low list price might be attractive to buyers looking for a project, but the renovation costs should be carefully considered.

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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