PROPERTIES UNDER THE HAMMER AUCTIONS says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom semi-detached house located on North Parade in Scunthorpe, North Lincolnshire. The list price is £75,000. Considering the provided images, the property appears to be in need of some modernisation and repairs. The interior shows worn carpets, exposed wood flooring requiring attention, and some areas of dampness are visible. While the bathroom appears relatively modern, the overall condition suggests a need for refurbishment. The garden is present but requires significant maintenance. It’s overgrown and unkempt. The location, North Parade, Scunthorpe, benefits from its proximity to several schools, including St Bernadette’s Catholic Primary Voluntary Academy and The Grange Primary School, both rated as “Outstanding” by Ofsted. Scunthorpe train station is also within a reasonable distance, providing access to public transportation. However, the overall desirability of the location would need further investigation to fully assess its impact on property value. The average house price in the area is significantly higher (£162,823), and the average price per square foot is £148. The provided list price of £75,000 is considerably lower than the average. However, the lack of square footage information for the subject property and nearby listings makes a precise price comparison difficult. Also, the property’s condition and the need for significant refurbishment must be factored in when assessing the value. Considering the need for renovation, the price could be considered reasonable for a buyer seeking a project property, but it’s substantially below the average for the area.

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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