Barnard Marcus says ..

Property Oracle says ..

This five-bedroom, three-bathroom terraced house located on Station Avenue in Filey, North Yorkshire, presents a mixed bag of opportunities and challenges for potential buyers. The property is situated in a convenient location, close to Filey train station and well-regarded primary schools like Filey Junior School and Filey Church of England Nursery and Infants Academy. This makes it potentially appealing to families. However, the property’s condition is less desirable. The interior requires extensive renovations to bring it up to modern standards. The provided photographs show dated decor, worn carpets, and what appear to be some areas of wall and ceiling damage. The kitchen and bathrooms need significant updating. The property does have a small rear yard, offering some outdoor space, which is beneficial in a coastal town such as Filey. The listing price of £141,000 appears to be in line with other terraced properties in the area, although those in better condition command higher prices. This property’s desirability is therefore contingent on the buyer’s willingness to undertake and budget for substantial renovation work. Given the property’s location, it likely will attract buyers seeking a project that offers the potential for adding value, but the overall condition must be considered carefully. The absence of square footage data limits a definitive assessment of value per square foot.

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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