Home and Finance says ..

Property Oracle says ..

This two-bedroom terraced house in Millom, Cumbria, presents a mixed bag of attributes. Located on Newton Street, it benefits from proximity to local amenities, schools, and transport links. The train station’s proximity is a significant plus for commuters. While the nearby Furness Street shows average property prices higher than this listing, it’s important to remember the property’s condition and the need for potential modernisation.

The interior photos reveal a property that is habitable but in need of updating. The bathroom and some aspects of the decor show signs of wear and tear, though the structure is seemingly sound. The small, paved backyard provides little outdoor space.

In summary, this property presents a decent investment opportunity for those prepared to undertake some refurbishment and are interested in the Millom area. Its location’s benefits are somewhat offset by its current state of repair and limited outdoor space. A buyer should factor in potential renovation costs and weigh these against the overall asking price and the location’s advantages. The absence of crucial data, specifically square footage, hinders a definitive judgment on value. However, compared to similar properties in the area, the list price seems reasonable given the need for updates. Considering those needs, the price is fair to slightly undervalued, depending on the extent of needed repairs and renovations.

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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