Bella Properties says ..

Property Oracle says ..

This property is a commercial unit located on Ravendale Street in Scunthorpe, North Lincolnshire. The listing describes it as an A1/A2 category retail property suitable for sale or lease. The provided images reveal a space that would likely require renovation to be appealing to potential tenants or buyers. The interior features dated wallpaper, worn carpeting, and some older furniture left in the property. The overall condition suggests it needs some attention to bring it up to modern standards.

The location on Ravendale Street offers proximity to Scunthorpe town centre and various amenities. The presence of nearby schools and the Scunthorpe train station is a positive aspect of the location. However, without knowing the precise size (sqft) of the property, a definitive assessment of its value is not possible. The provided nearby listings show a range of prices, and without knowing the size of the unit, a precise comparison is not possible. The price of £79,000 might be considered reasonable given its condition and location, although further assessment of property size and market conditions in Scunthorpe is important before making a final valuation.

Further information regarding the property’s square footage, the state of the basement space and the details of the leasehold would be helpful to arrive at a more comprehensive and accurate assessment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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