Auction House says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Seymour Street in Chorley, Lancashire. The list price is £46,000. The property is in need of significant renovation. The interior shows dated fixtures, peeling paint, and worn flooring throughout. The kitchen and bathroom are particularly outdated and require complete modernisation. The property does benefit from having a small yard/garden to the rear. The location appears to be reasonably convenient, with nearby primary schools receiving good or outstanding Ofsted ratings and a train station within walking distance. However, without specific information on the property’s square footage, it’s difficult to definitively assess the value for money. The average house price in the area is considerably higher (£515,185), and the average price per square foot is £553. However, the nearby comparable properties on Seymour Street sold for between £60,000 and £100,000. This suggests that the list price of £46,000 could represent good value, provided the buyer is prepared to undertake substantial renovation work. The lack of information regarding the property’s square footage prevents a more precise assessment of the price per square foot and its comparison to local averages.

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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