Beercocks says ..

Property Oracle says ..

The property is a 2-bedroom terraced house located on Elder Avenue, Abbey Street, Hull, HU9 1LB. It has a plot size of 824 sqft and is listed at £75,000. The average price for properties in the area is £139,417, with an average price per sqft of £172. This property is significantly below the average price for the area.

The property appears to be in reasonable condition. While some minor cosmetic updates might enhance its appeal, it doesn’t appear to require extensive renovations. The bathroom and kitchen seem functional, though a modern update could increase its market value. The property benefits from having a small front garden.

The location is within reasonable proximity to several primary schools with good Ofsted ratings, making it potentially attractive to families. Transportation links to Hull and other areas are also within a reasonable distance. However, the location’s overall desirability would depend on individual preferences and priorities.

Considering the property’s below-average price compared to the local market, its relatively good condition, and its proximity to schools and transport, the asking price of £75,000 could represent good value for money, particularly for first-time buyers or investors seeking a property that requires minimal renovation. However, the lack of information regarding the property’s square footage in the nearby listings makes a comprehensive price comparison challenging.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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