H&H Land & Estates says ..

Property Oracle says ..

The property is located in Carlisle, Cumbria, a city in North West England. The area has an average house price of £265,698 and an average price per square foot of £346. The property itself is a 3-bedroom semi-detached house with 1 bathroom, covering 1,033.98 square feet and situated on a 1,148 square foot plot. It’s listed at £150,000.

The property benefits from being relatively close to several schools, including Upperby Primary School (0.78km), Petteril Bank School (0.90km), and Gillford Centre (0.95km). The proximity to Carlisle train station (2.79km) also offers convenient transport links.

Based on the provided images, the property appears to be in reasonable condition, although some updating or modernisation may be desirable to enhance its overall appeal. The interior shows some wear and tear, and the decor is dated. The kitchen and bathroom appear functional but could benefit from refurbishment. The garden is present and of a manageable size, featuring a shed and some landscaping.

Considering the average price per square foot in the area (£346) and the property’s size (1,033.98 sqft), a rough estimate of its value might be around £357,000. However, the actual list price is significantly lower at £150,000. This discrepancy could be attributed to the property’s condition and the need for potential renovations. The lower price may attract buyers looking for a project, but it’s important to factor in the potential costs of modernisation. The presence of a garden adds to the property’s value, although its size is relatively modest.

Given the information, the property presents a mixed bag. While the location and the presence of a garden are positive aspects, the condition of the property and the need for potential renovations are significant factors influencing its overall value. The list price is considerably lower than a comparable property in good condition might command, making it potentially attractive to buyers willing to undertake some improvements.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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