JP Harll says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom terraced house located on Millgate in Selby, North Yorkshire. While the exact square footage isn’t specified, the average price per square foot in the area is £336.00. Several nearby properties on Millgate are listed for sale at significantly lower prices, ranging from £80,000 to £125,000. These properties are described as “project properties” or “ripe for renovation,” suggesting a need for significant work. In contrast, a nearby five-bedroom terraced house on Flaxley Road is listed for £240,000, highlighting the price variation in the area. The property’s location is convenient, with Selby train station approximately 1.14km away and several schools within a reasonable distance. The photos reveal that the property appears to be in good condition, with a recently renovated kitchen and bathroom. The property also benefits from a small, enclosed paved courtyard garden. Given the apparent good condition of the property, its location near amenities and transport links, and the inclusion of a small garden, the asking price of £160,000 appears reasonable compared to some of the lower-priced properties in the area that require significant renovation. However, it is considerably lower than the average house price in Selby (£316,897). This discrepancy might be explained by the smaller size of the property or the lack of information regarding the square footage.

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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