HPC says ..

Property Oracle says ..

This property on Chanterlands Avenue in Hull presents a mixed-use investment opportunity, combining residential and commercial elements. The commercial aspect appears to be a well-established key-cutting and locksmith business, while the residential component offers two bedrooms and two bathrooms.

The property’s location benefits from its proximity to highly-rated primary schools, although more data on local amenities, transport links beyond train stations, and the overall neighborhood atmosphere is needed to determine how much of an advantage this represents.

The condition of the property is fair. The external presentation is acceptable, however the internal images show a need for general maintenance and a thorough decluttering. The workshop area in the back shows signs of significant wear. The residential interiors reflect a lived-in space requiring upgrades and possibly modernisation to enhance its value and appeal.

The small, paved backyard presents limited outdoor space but is at least functional. There is no additional information to give accurate insights into the property size, and thus further insights into property value are limited.

The listing price of £155,000 needs further context to assess its accuracy. Knowing the square footage of the property and separating out the value attributed to the residential vs commercial section is essential to confirm if it represents good value. The lack of data on comparable properties for mixed-use spaces and the absence of specifics concerning the commercial aspect makes a definitive assessment challenging. The surrounding areas have varied property values, making it difficult to assess without more comprehensive information.

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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