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 %
- Est sale value
- 316,599.89 £Increased by 21.12 %
- Average area rental value
- 1,053.00 £/moDecreased by 7.39 %
- Est letting value
- 862.67 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.51 %Decreased by 6.43 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Farrow Estate Agent Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Grange Primary School | Community School | Good | 0.39 KM |
| Cambridge Park Academy | Academy Special Converter | Requires improvement | 0.60 KM |
| Woodlands Academy | Academy Converter | 1.09 KM | |
| Western Primary School | Community School | Good | 1.09 KM |
| Yarborough Academy | Academy Converter | Good | 1.13 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sherwood Road | £ 104,500 | 0 | 0.00 KM |
| Downing Close | £ 70,000 | 0 | 0.00 KM |
| Laceby Road (cycleway avoiding roundabout) | £ 0 | 0 | 0.00 KM |
| Bradley Road | £ 275,000 | 0 | 0.00 KM |
| Chingford Avenue | £ 139,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Great Coates | 6275 | GCT | 2.72 KM |
| Grimsby Town | 6280 | GMB | 3.70 KM |
| Grimsby Docks | 6276 | GMD | 5.31 KM |
| Healing | 6283 | HLI | 5.54 KM |
| New Clee | 6289 | NCE | 6.83 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Sherwood Road, Grimsby | £ 45,000 | BUY | 5 / 10 | 0.00 KM |
| Welland Avenue, Grimsby | £ 115,000 | BUY | 6 / 10 | 0.13 KM |
| Sherwood Road, Grimsby, Lincolnshire, DN34 | £ 80,000 | BUY | 6 / 10 | 0.14 KM |
| 40 Sherwood Road, Grimsby, DN34 5TL | £ 30,000 | BUY | 5 / 10 | 0.15 KM |
| CROWLAND AVENUE, GRIMSBY | £ 128,500 | BUY | 7 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 25 Crowland Avenue | £ 49,500 | 0.14 KM |
| 75 Crowland Avenue | £ 92,000 | 0.14 KM |
| 77 Crowland Avenue | £ 87,950 | 0.14 KM |
| 63 Crowland Avenue | £ 115,000 | 0.14 KM |
| 37 Crowland Avenue | £ 31,500 | 0.14 KM |