Reeds Rains says ..

Property Oracle says ..

This three-bedroom terraced house located on James Reckitt Avenue in Hull offers a convenient location close to well-regarded primary schools. The property is presented in a dated condition and would require modernisation and renovation to reach a contemporary standard. The internal images show the need for updates to the kitchen, bathrooms, décor and flooring. The kitchen is functional but requires updating. The interior is showing signs of wear and tear, suggesting a full internal refurbishment is required to improve the current condition. The property benefits from a small rear garden and off-street parking. Nearby listings show similar properties that range in price, some requiring similar work and some being completely renovated. The list price of £150,000 reflects the need for modernisation; however, the desirable location and sufficient space could attract buyers seeking a project property. The absence of information regarding the overall condition of the property, including roofing, plumbing, and electrics, can’t be ignored. Buyers need to factor in potential costs associated with these areas, in addition to the aesthetic renovations. Transport links to the city centre appear to be conveniently located, adding to the property’s potential appeal. A buyer’s survey is absolutely essential before purchase to identify any structural or hidden issues. Considering the area’s average house prices and nearby comparable properties, the property represents a potential investment opportunity for someone looking for a project. With renovation, the property could significantly increase in value.

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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