DDM Residential says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom detached house located in Great Coates, Grimsby, with a list price of £280,000. The property has 1,293.82 sqft of living space and benefits from a garden.

Considering the provided images, the property appears to be in need of some modernisation. The carpets are dated, and the kitchen and bathrooms show their age. While structurally sound, the property would benefit from updating to enhance its overall appeal and value. The garden, while present, also requires some attention.

The average house price in the area is £339,606, significantly higher than the list price of this property. However, the average size of properties in the area is 1,666 sqft, considerably larger than this property’s 1,293.82 sqft. The average price per sqft in the area is £203.00. While the property is smaller than average, its list price is substantially lower than the average price for the area, suggesting it could represent good value for money, especially considering the need for modernisation. Nearby properties for sale show a range of prices, with some semi-detached houses selling for considerably less. The presence of a garden is a positive aspect, although its current condition may require some landscaping work.

The proximity to several schools, including Stanford Junior and Infant School (rated ‘Good’) and Laceby Acres Primary Academy (rated ‘Outstanding’), is a positive factor for families. Train stations are within a reasonable distance, offering convenient access to other areas.

In summary, the property offers potential as a family home in a reasonably convenient location. However, the buyer should factor in the costs of necessary renovations and modernisation works to bring the property up to a contemporary standard. The lower-than-average price, despite the need for work, may make it an attractive proposition for buyers willing to undertake such improvements.

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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