Sherwood Road, Grimsby
FA

Sherwood Road, Grimsby

By Farrow Estate Agent Ltd

£ 45,000

Reviews

2 out of 5 stars

Farrow Estate Agent Ltd says ..

A rather large One Bedroom Ground Floor Flat situated in a convenient residential area with excellent public transport links and local amenities. In need of a slight scheme of refurbishment, but offers great potential for a lucrative return on investment. With the monthly rent estimated to be £...

Property Oracle says ..

This one-bedroom flat on Sherwood Road, Grimsby, presents a mixed bag. On the positive side, its location offers reasonable proximity to schools, transportation, and local amenities. The average house price on Sherwood Road is higher than the asking price making it an attractive proposition. The small garden adds value by providing some outdoor space. However, the property requires modernisation. The interiors are dated, and while not in disrepair, they lack the contemporary feel of more expensive properties in the area. The lack of plot size is another negative point. Overall, the property is potentially a good investment for someone looking for a renovation project in a reasonably convenient location, but buyers need to budget for improvements and factor in the overall condition and relatively small size of the property. Considering the required work and size of the property, the asking price falls substantially lower than the average house price for properties in the immediate area. This means the price is a large draw, despite the need for renovations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
862.67

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
279,877.00 £
Decreased by 1.23 %
from 283,358.00 £
Est sale value
316,599.89 £
Increased by 21.12 %
from 261,389.01 £
Average area rental value
1,053.00 £/mo
Decreased by 7.39 %
from 1,137.00 £/mo
Est letting value
862.67 £/mo
Unchanged by 0.00 %
from 862.67 £/mo
Est rental Yield
4.51 %
Decreased by 6.43 %
from 4.82 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Farrow Estate Agent Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Grange Primary SchoolCommunity SchoolGood0.39 KM
Cambridge Park AcademyAcademy Special ConverterRequires improvement0.60 KM
Woodlands AcademyAcademy Converter1.09 KM
Western Primary SchoolCommunity SchoolGood1.09 KM
Yarborough AcademyAcademy ConverterGood1.13 KM

Images

Bedroom Front Front Garden Living Room Kitchen Bathroom Hallway Front Bedroom Bedroom Bedroom Living Room Inner Hall Bathroom Bathroom Bathroom Bathroom Kitchen Living Room Living Room Living Room Kitchen Kitchen Front Garden Garden Shed

Nearby Streets

NameAverage PriceAverage SqftDistance
Sherwood Road £ 104,50000.00 KM
Downing Close £ 70,00000.00 KM
Laceby Road (cycleway avoiding roundabout) £ 000.00 KM
Bradley Road £ 275,00000.00 KM
Chingford Avenue £ 139,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Great Coates6275GCT2.72 KM
Grimsby Town6280GMB3.70 KM
Grimsby Docks6276GMD5.31 KM
Healing6283HLI5.54 KM
New Clee6289NCE6.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
Sherwood Road, Grimsby £ 45,000BUY5 / 100.00 KM
Welland Avenue, Grimsby £ 115,000BUY6 / 100.13 KM
Sherwood Road, Grimsby, Lincolnshire, DN34 £ 80,000BUY6 / 100.14 KM
40 Sherwood Road, Grimsby, DN34 5TL £ 30,000BUY5 / 100.15 KM
CROWLAND AVENUE, GRIMSBY £ 128,500BUY7 / 100.16 KM

Nearby Properties

AddressPriceDistance
25 Crowland Avenue £ 49,5000.14 KM
75 Crowland Avenue £ 92,0000.14 KM
77 Crowland Avenue £ 87,9500.14 KM
63 Crowland Avenue £ 115,0000.14 KM
37 Crowland Avenue £ 31,5000.14 KM