Linden Homes Yorkshire says ..

Property Oracle says ..

The property is a 4-bedroom home located in Scartho, Grimsby, North East Lincolnshire. The list price is £129,998, and the property has a size of 655 sqft. It’s important to note that this price represents a 50% share in a shared ownership scheme, meaning the full market value is significantly higher. The location appears to be reasonably convenient, with several schools within a short distance, including Springfield Primary Academy and Fairfield Academy, both rated ‘Good’ by Ofsted. Public transport links are also relatively close by, with Grimsby Town train station approximately 3.86km away. The average house price on Bridges Close, where the property is situated, is considerably higher than the listed price, suggesting that the property may be undervalued, at least in terms of the 50% share. Based on the images provided, the property seems to be in excellent condition, with modern fixtures and fittings throughout. The interior is well-presented and appears to be newly built or recently renovated. The property’s plot size is listed as 0.00 sqft, indicating a lack of significant garden space. This is a common feature in new-build developments, and while it may not appeal to all buyers, it is not necessarily a negative factor. Considering the property is part of a shared ownership scheme, a direct comparison to the average price per sqft in the area (£222) is not entirely appropriate. However, even considering the 50% share, the price appears relatively low compared to the average house price in the area (£225,428) and nearby comparable properties. The low price is likely due to the shared ownership aspect, which may make it an attractive option for first-time buyers or those looking to get onto the property ladder. However, buyers should be aware of the implications of shared ownership, including potential restrictions and the need to purchase further shares in the future.

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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