Tulip Investment Sales says ..

Property Oracle says ..

This four-bedroom property on Melbourne Street in Hull presents a mixed bag. The property’s location is a positive. It’s relatively close to various schools, including some rated as good by Ofsted, and within reach of Hull’s transport links. This could make it attractive to families or students. However, there is a noticeable lack of outdoor space, indicated by a 0.00 sqft plot size, which is a drawback for many buyers.

From the photos, the property’s condition is inconsistent. Some areas appear reasonably well-maintained, such as the kitchen and at least some of the bedrooms. However, other areas, especially the bathroom, show clear signs of age and possible water damage. There is some noticeable wear and tear throughout. Overall, some cosmetic improvements, and potentially more substantial repairs, would elevate the property’s value.

The list price of £115,000 appears to align with other comparable properties in the area, as the provided data shows some similar properties at or slightly above this price point. However, without the exact square footage of the nearby comparable properties, and further understanding of the properties’ condition and features, this should be viewed as an approximation. The lack of detailed information on comparable properties makes it difficult to determine if this property represents exceptional value or slightly overvalued, but overall it appears to be a reasonable price for the market.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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