Armitstead Barnett says ..

Property Oracle says ..

The property located at Cop Lane, Penwortham is a unique property with a converted water tower. Based on the photos, the property appears to be in excellent condition, having undergone a recent and tasteful renovation. The interior is modern and well-maintained, suggesting high-quality materials and workmanship were used throughout. The exterior also presents well, with landscaping that complements the property’s unique character. The presence of a garden, albeit relatively small, adds to the property’s appeal.

The location is also a significant positive. Penwortham is a desirable area, and the property’s proximity to highly-rated schools like Penwortham Girls’ High School and Cop Lane Church of England Primary School is a major selling point for families. Furthermore, the property’s location near shops and transportation links enhances its convenience.

Considering the property’s condition, location, and the relatively small plot size, the list price of £595,000 requires careful consideration. While the average price per square foot in the area is £617, this property’s unique features and high-quality renovation likely justify a premium. However, the average house price in the area is significantly higher than the list price, suggesting that it could represent good value for money, especially considering the high-quality renovation and desirable location. A comparative market analysis of similar properties in the area is needed to fully assess the price.

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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