Whitegates says ..

Property Oracle says ..

This two-bedroom terraced house in Bootle, Merseyside, is listed at £90,000. The property is located on Bibbys Lane, an area with relatively convenient access to local amenities, schools, and public transport, specifically Merseyrail stations. Several primary schools are within easy reach, some rated ‘Good’ by Ofsted.

The property itself appears habitable, but the provided photographs indicate it could benefit from some significant improvements. The interior needs redecoration and a thorough cleaning. Minor repairs may also be necessary to improve the overall condition. The kitchen and bathroom show their age and could benefit from modernisation. Importantly, the property lacks a garden or any significant outdoor space, a common feature of terraced houses but a potential drawback for many buyers.

While the £90,000 price tag is below the average for Bibbys Lane (£100,000), it’s crucial to weigh this against the property’s current condition and the lack of outdoor space. The presence of a tenant paying £650 per month indicates a potential rental yield, which may be an attractive factor for investors.

Overall, this property presents an opportunity for someone seeking a relatively affordable entry point into the Merseyside property market. However, potential buyers should be prepared for updating and refurbishment work to improve the property’s condition to their desired standards.

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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