Maria B Evans Estate Agents says ..

Property Oracle says ..

This property at 375 Preston Road, Standish, Wigan presents a unique opportunity for a buyer willing to undertake a substantial renovation project. Located in a semi-rural area of Standish, it offers a peaceful environment while being reasonably close to schools, and train stations. The property’s greatest asset is its substantial land. The house itself is a two-bedroom, one-bathroom bungalow that is in a poor state of repair. The listing explicitly mentions the need for ‘complete renovation and refurbishment’. Images reveal extensive garden space that includes various outbuildings, potentially offering scope for development. However, prospective buyers should be prepared for a large-scale renovation, factoring in substantial costs associated with bringing the property up to a modern, habitable standard. The price may seem high considering the current condition, but the potential of the land could add value once the necessary work is done. Nearby transport links include multiple train stations within a reasonable driving distance, and several well-rated schools are relatively close by. This makes it an attractive location for families willing to take on a full property renovation. Further research would be needed to determine the precise average price per square foot in the immediate area, but surrounding properties provide varied pricing data, making a definitive price per sq ft analysis impossible with the limited data provided. Overall, it’s essential to view the property in person and obtain professional estimates for the cost of renovation before making any offers. The property’s value is predicated on the potential of its land and location, rather than its current condition.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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