Fisher Wrathall says ..

Property Oracle says ..

This two-bedroom terraced house in Lancaster, LA1, is listed at £140,000. The property’s location within the city offers convenient access to local amenities, schools, and transport links. The proximity to Lancaster city centre is a significant advantage, making this property potentially attractive to first-time buyers or investors looking for a city-centre location. However, the property shows signs of needing modernisation. The kitchen, in particular, looks dated and would likely require updating. Similarly, the living rooms require modernizing to enhance their appeal. The absence of a garden is a notable disadvantage; many buyers seek outdoor space. The overall condition is acceptable but not exceptional. While the asking price of £140,000 appears reasonable in the Lancaster market given comparable nearby listings, it’s important to factor in the necessary updates and lack of garden space when assessing value. Potential buyers should budget for renovation costs to bring the property up to their standards.

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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