Jackson Green & Preston says ..

Property Oracle says ..

This listing presents a 25% share of a one-bedroom, first-floor apartment within The Limes retirement complex in Waltham, Grimsby. The apartment itself appears clean and well-maintained, showing a functional layout, though the decor is dated. The key selling point is the communal garden space available to residents, which is well maintained, and enhances the quality of living. The location in Waltham offers proximity to schools and is within a reasonable distance of Grimsby for accessing further facilities and transport links such as Grimsby Town train station approximately 5.54 km away. However, it’s important to note that the purchase price only represents a partial ownership of the property. This is a crucial consideration for potential buyers. The limited square footage and the retirement-focused nature of the complex mean that the target audience is clearly defined. Overall, this property presents an affordable entry point to the housing market, particularly suited for older residents seeking a low-maintenance lifestyle in a quiet yet conveniently located area. The price appears reasonable relative to the local market but potential buyers should check for any additional charges associated with the shared ownership model. More details regarding service charges and other fees would assist buyers with their overall valuation. Prospective buyers should carefully consider the implications of shared ownership before making a purchase decision.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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