Corrie and Co Ltd says ..

Property Oracle says ..

The property is located in Great Urswick, Ulverston, within the Furness Peninsula, South Lakeland district of Cumbria. The area benefits from being relatively close to several primary schools which have received a ‘Good’ Ofsted rating. Train stations are within a reasonable distance, with Ulverston station being approximately 4km away. The surrounding area appears to be primarily residential, with a mix of property types. While the immediate proximity to amenities isn’t explicitly detailed, the presence of nearby schools and train stations suggests a reasonable level of convenience.

Based on the provided images, the property is in need of significant modernisation and renovation. Many rooms show signs of wear and tear, outdated fixtures, and require a considerable amount of work to bring them up to a modern standard. The cluttered garage further emphasizes the need for renovation and decluttering.

The property includes a garden area. The size of the garden is not specified, but the images depict a sizable area of land, suggesting a relatively generous outdoor space.

The list price of £475,000 is slightly below the average house price in the area (£475,979). However, considering the property’s condition, which requires substantial renovation, and the lack of precise plot size information, the price may appear slightly high relative to the average price per square foot (£265). Further investigation into comparable properties in a similar state of repair would be needed to definitively assess the value. The average price per sqft in the area is £265, and this property is 1,500.49 sqft. Therefore, based on average price per sqft, the property should be valued at approximately £397,629. However, the nearby properties show a much lower average price. This suggests that the list price may be optimistic given the extensive renovation required.

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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