Jackson Green & Preston says ..

Property Oracle says ..

The property is a 2-bedroom bungalow located on The Ridgeway in Grimsby, Lincolnshire. The asking price is £155,000. The property benefits from a small garden, though the size is not specified. The images show a paved patio area and a small greenhouse. While there is some green space, the overall land area appears relatively modest for a bungalow of this size. Based on the images provided, the property appears to be in need of some modernisation. The interior decor is dated, with carpets and wall coverings that look tired. The kitchen and bathroom also appear to be quite old and could benefit from updating. However, the structure of the property seems sound. The location is reasonably good, with several primary schools within a short distance. The proximity to Laceby Acres Primary Academy (Outstanding Ofsted rating) is a positive. Transportation links are also relatively close, with several train stations within a few kilometers. However, the immediate surroundings of the property are not shown in detail, so a full assessment of the location’s desirability is difficult without additional information. Considering the average house price in the area is £136,439 and the average price per square foot is £181, the listed price of £155,000 for this 770 sq ft property seems slightly above average. However, given the need for modernisation, the price may be considered reasonable, especially considering comparable properties in the area. Nearby properties show a range of prices, with some exceeding the asking price of this property.

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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