Leadenhall Estates says ..

Property Oracle says ..

The property is a 1-bedroom flat located on Parkwood Rise in Keighley, West Yorkshire. The list price is £30,000. The average price for properties in the area is significantly higher at £231,324, and the average price per square foot is £197. This flat is 505.90 sqft. Considering the images provided, the property appears to be in need of some renovation. The rooms are cluttered, and there is visible dirt and grime in the bathroom. While the structure seems sound, significant cleaning and potentially some repairs or upgrades would be necessary to bring it up to a desirable standard. The lack of plot size means there is no garden. The location benefits from being relatively close to Keighley Train Station (0.74km) and several primary schools with good Ofsted ratings, such as Parkwood Primary School (0.34km) and Long Lee Primary School (1.03km). This makes it potentially attractive to young professionals or families. However, the average house price in the surrounding area is considerably higher than the list price of this property, which suggests that this property may be undervalued. Given the condition of the property, the lack of outdoor space, and the significant difference between the list price and the average price per square foot in the area, the price may seem very reasonable, particularly for a first-time buyer or investor looking for a project. However, the potential costs of renovation should be carefully considered.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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