Farrow Estate Agent Ltd says ..

Property Oracle says ..

This property on Cromwell Avenue in Grimsby presents a mixed bag. Its location is reasonably good, offering proximity to Grimsby town centre and various amenities. The average house price on the street is £137,500 and the property itself is on the higher end of this average, however the price itself appears reasonable, given the available information. Commuters will also find the property’s location reasonably convenient due to its proximity to various train stations, within a 1-7 KM radius. The property also has four bedrooms and four bathrooms, which could be attractive to families or those wanting to generate income through rentals. There are several schools nearby; however, their Ofsted ratings vary, suggesting buyers should investigate this further.

In terms of condition, the property appears to be generally well maintained but could benefit from some modernisation to enhance its appeal. Some of the rooms are sparsely furnished and are shown with personal items, this should be considered when viewing. The property appears to have undergone a conversion, creating multiple self-contained units in a house, which offers potential for rental income but also introduces the consideration that the property may have been created without necessary regulatory approval. The limited plot size is a notable drawback.

Overall, this property presents an opportunity, but buyers should carefully consider their priorities and carry out thorough due diligence. A survey is recommended to assess the structural condition and potential for further renovations. Furthermore, it’s essential to investigate the specifics of the property’s conversion to ensure it meets building regulations. The limited plot size should also be carefully considered.

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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