Venmore says ..

Property Oracle says ..

This three-bedroom terraced property located on Chepstow Street in Anfield, Liverpool, presents a mixed investment opportunity. The property is in need of substantial refurbishment; the photographs reveal significant damage to walls and ceilings, outdated fixtures, and overall poor cosmetic condition. The existing kitchen and bathroom would need complete overhauls.

The property’s location is a key factor. While Anfield has a reputation for being a less desirable area compared to some of Liverpool’s other neighbourhoods, it benefits from being close to outstanding primary schools and convenient access to Merseyrail services, making it potentially attractive to families and commuters.

The external area comprises a modest, paved yard which would require improvement. The plot size is not specified.

The listing price needs to be carefully examined in light of the required renovations. While comparable properties on Chepstow Street have sold for prices between £59,000 and £90,000, the significant cost of repair and modernisation should be factored into any purchase decision. Prospective buyers should obtain accurate cost estimates from builders and contractors before making an offer. Overall, this property presents a strong potential for capital growth following a full renovation, given the location and the current market conditions, but only if one is prepared to invest significantly in the property’s refurbishment.

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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