Farrow Estate Agent Ltd says ..

Property Oracle says ..

This property is a 3-bedroom end of terrace house located on Rutland Street in Grimsby, North East Lincolnshire. The list price is £50,000. The property is situated in the East Marsh area of Grimsby. While the provided data does not offer detailed insights into the desirability of this specific location, its proximity to schools like Phoenix Park Academy (rated ‘Good’ by Ofsted) and Weelsby Academy is a positive factor for families. Several other schools are within a reasonable distance. The presence of nearby train stations, including New Clee, Grimsby Docks, and Grimsby Town, suggests convenient transportation links. However, further investigation into the overall safety and amenities of the East Marsh area would be beneficial to provide a more complete picture of its location score. Based on the provided images, the property appears to be in need of significant renovation. The interior shows considerable wear and tear, with damaged walls, outdated fixtures, and a general lack of maintenance. The garden is overgrown and requires considerable work. Therefore, the condition of the property is significantly below average. The property includes a rear garden, though it is currently unkempt and overgrown. The size of the garden, while not specified in square footage, appears relatively small compared to other properties in the area. Considering the average house price in the area is £69,687 and the average price per square foot is £84, the list price of £50,000 for this 1,023.35 sqft property seems low. However, the property’s condition is a major factor. The significant renovation needed would likely offset the lower price, making it potentially more aligned with market value once the necessary improvements are made. A full cost assessment of the renovations would be necessary to determine if the property represents good value for money.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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