Entwistle Green says ..

Property Oracle says ..

The property is located in Formby, Merseyside, a popular residential area known for its proximity to the coast and good schools. The nearby streets show a range of property prices, suggesting a diverse housing market. The average house price in the area is significantly higher than the list price of this property, which may indicate it is underpriced, however, this is not always the case. Several primary schools with ‘Good’ or ‘Outstanding’ Ofsted ratings are within a reasonable distance, making it an attractive location for families. The property is also conveniently located near several Merseyrail stations, providing good transport links.

Based on the provided photos, the property appears to be in need of some modernisation and updating. The interior features dated décor and carpeting, and some areas show signs of wear and tear. The kitchen and bathroom are particularly outdated. A full refurbishment would likely improve the property’s overall condition and value.

The property includes a garden, which is a desirable feature for many buyers. The size of the garden appears to be relatively modest, but still offers some outdoor space.

Considering the property’s condition, location, and land size, the list price of £220,000 appears to be relatively reasonable, especially when compared to the average price per square foot in the area. However, the need for modernisation and updating should be factored into any offer. The lower price compared to the average price in the area could be due to the condition of the property requiring modernisation. A potential buyer should conduct a thorough survey to assess the extent of any necessary repairs or renovations before making an offer.

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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