Dewhurst Homes says ..

Property Oracle says ..

The property is a 2-bedroom bungalow located in Woodplumpton, Preston, Lancashire. It is listed at £200,000 and has 635.87 sqft of living space and a 678 sqft plot. The property is in need of renovation. The interior photos show significant wear and tear, including damaged walls and ceilings requiring plastering, outdated carpets and flooring, and a generally tired aesthetic. The kitchen and bathroom appear to have had some recent updates, but the rest of the house needs considerable work. The exterior shows a small garden, but it also appears to be in need of some attention. The location is reasonably good. It’s situated in a residential area with several nearby schools that have a good Ofsted rating. The proximity to Preston and the availability of nearby transportation links are positive aspects. Considering the average house price in the area is £325,906 and the average price per sqft is £275, and this property is significantly smaller (635.87 sqft) and requires substantial renovation, the list price of £200,000 might seem reasonable to some buyers looking for a project. However, the need for extensive renovation work will likely increase the overall cost of ownership, so potential buyers should factor this into their decision-making process. The price may be considered competitive given the need for renovation. Nearby comparable properties show a wide range of prices, suggesting some variability in the market. Based on the images provided, the property includes a GARAGE and a SHED.

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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