Louise Oliver Properties says ..

Property Oracle says ..

This three-bedroom semi-detached house in Frodingham, North Lincolnshire, presents a mixed bag of opportunities and challenges. Its location offers several advantages, including relatively close proximity to Scunthorpe’s amenities, and several highly-rated schools are within walking distance, making it appealing to families. Transport links, via the nearby Scunthorpe train station, enhance the property’s accessibility.

However, the property’s condition presents some serious drawbacks. The provided images reveal a need for extensive renovation and repair. There is visible damp, outdated decor and fixtures, and the overall impression is one of significant neglect. Potential buyers should budget for substantial work, including addressing potential damp issues, upgrading the kitchen and bathrooms, and modernizing the interior and exterior.

The garden, while present, requires a considerable amount of landscaping to be transformed into a usable outdoor space. The plot size is not specified but appears relatively small, compared to other properties.

Despite requiring significant investment, the price of £125,000 might represent a reasonable opportunity for someone willing to undertake a renovation project. The price aligns fairly well with other similar properties in the vicinity, especially considering the number of bedrooms. However, prospective buyers should conduct a thorough survey to fully assess the extent of necessary repairs and factor these costs into their overall budget before making an offer.

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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