DDM Residential says ..

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom bungalow located on The Ridgeway in Grimsby, North East Lincolnshire. It is listed at £175,000 and has a floor area of 666.29 sqft. The property benefits from a small garden and is located close to several primary schools including Laceby Acres Primary Academy (rated Outstanding) and Western Primary School (rated Good), both within a 1km radius. Several train stations are also within a reasonable distance.

The property appears to be in generally good condition, though some minor cosmetic updates might enhance its appeal. The interior is presented in a clean and tidy state, and the flooring and fixtures seem to be well-maintained. The kitchen and bathroom are functional, but a modern update would likely increase the property’s value. The exterior also shows good maintenance with a neat garden and driveway.

The listed price of £175,000 is slightly above the average price of £136,439 for the area. However, considering the property’s location near good schools and transport links, as well as its relatively good condition, the price may be justifiable. The average price per sqft in the area is £181.00, while this property’s price per sqft is approximately £262.50. This higher price per sqft may be due to the desirable location and the inclusion of a small garden. Further analysis of comparable properties in the immediate vicinity would provide a more definitive assessment of the price’s reasonableness. The small size of the plot may also be a factor in the price per sqft.

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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