J H Homes says ..

Property Oracle says ..

Princes Street is located in Broughton-in-Furness, Cumbria. Broughton-in-Furness is a small town in the South Lakeland district of Cumbria, in North West England. The property is a 5 bedroom, 1 bathroom terraced house with a list price of £250,000. The property has 1,033 sqft of living space and sits on a 1,471.10 sqft plot.

The average property price in the area is £475,979, significantly higher than the list price of this property. The average price per sqft is £265, while this property’s price per sqft is considerably lower.

Based on the provided images, the property appears to be in need of significant modernisation and repair. The interior shows outdated fixtures, worn flooring, and damaged walls and ceilings in several rooms. The exterior, while seemingly structurally sound, could benefit from some cosmetic improvements.

The property includes a small courtyard garden, which is a positive aspect. However, the garden appears to be somewhat overgrown and in need of attention.

Considering the property’s condition, the need for significant renovations, and the relatively small plot size compared to the average in the area, the list price of £250,000 seems reasonably priced, especially when considering the significantly lower average price per sqft in the immediate vicinity. However, potential buyers should factor in substantial renovation costs into their overall budget. The location, while in a small town, benefits from proximity to a primary school and several train stations.

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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