METEOR HOMES says ..

Property Oracle says ..

The property is a two-bedroom terraced house with a small garden, located in the Yarborough area of Grimsby, North East Lincolnshire. The area has a mix of properties, with nearby listings ranging from £60,000 to £95,000. The average house price in the area is £136,439, significantly higher than the listing price of £87,500. However, the average square footage is 753 sqft, considerably larger than the 510 sqft of the property in question. The average price per sqft in the area is £181, suggesting the listing price of £87,500 may represent good value, given its smaller size. The property appears to be in reasonable condition, though some minor updating or cosmetic improvements may be desirable. The garden, while small, is a positive feature for a terraced house in this price range. The location benefits from proximity to several schools, with Yarborough Academy and Littlecoates Primary Academy both receiving ‘Good’ Ofsted ratings. Transportation links appear adequate, with several train stations within a reasonable distance. The list price of £87,500 seems relatively low compared to the average price in the area, but this is likely due to the smaller size of the property. Considering its condition, location, and the presence of a garden, the price may represent good value for a first-time buyer or investor.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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