Crofts Estate Agents says ..

Property Oracle says ..

This two-bedroom terraced house in Grimsby, Lincolnshire, is listed for £65,000. The property’s location is a positive aspect, with nearby schools rated ‘Good’ by Ofsted and access to public transport. Grimsby Town train station is relatively close, offering convenient travel links. However, the property’s condition needs significant improvement. The interior pictures reveal dated decor, worn carpets, and some areas in need of repair. Modernisation throughout would be required, which should be factored into any potential purchase price calculation. The property includes a rear garden, but this also appears unkempt and requires attention. The absence of specific plot size data makes assessment of the garden’s size difficult. The list price of £65,000 reflects the property’s condition and location. While some similar properties in the area have higher or lower asking prices, the need for refurbishment makes the current listing price reasonable, especially considering its suitability as an investment or starter home. Overall, this property presents an opportunity for someone who is willing to undertake a renovation project, looking to either live there long-term or invest in the Grimsby rental market. Potential buyers should be prepared to budget for the cost of renovations and factor the time and effort involved. Further due diligence should be undertaken to ascertain the true condition of the property prior to purchase. This might include engaging a surveyor for a thorough assessment.

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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