Keenans Estate Agents says ..

Property Oracle says ..

The property is a 2 bedroom end of terrace house located on Russell Street, Bacup in the Rossendale borough of Lancashire. It is listed at £89,950 and has a floor area of 925 sqft. The property benefits from being close to Bacup Thorn Primary School (Outstanding Ofsted rating) and Bacup Nursery School (Outstanding Ofsted rating), both within 0.46km. Burnley Manchester Road train station is also relatively close by at 9.96km.

Based on the provided images, the property appears to be in good condition for its age. The kitchen and bathroom have been recently modernised, and while the decor is simple, it is clean and well-maintained. There is no evidence of significant repairs or renovations required. The property does benefit from a loft conversion which adds extra living space.

There is no information on the plot size, therefore I am unable to comment on the amount of land available with the property.

Considering the list price of £89,950, the average property price in the area is considerably higher at £293,538. However, it’s important to note that this average is likely skewed by larger properties. The average price per sqft in the area is £289.00, and this property is listed at a significantly lower price per sqft. Several nearby comparable properties on Russell Street itself have sold for much lower prices, ranging from £20,000 to £58,500. Given this context, and the apparent good condition of the property, the list price appears reasonable, particularly for a first-time buyer or investor. However, further investigation into the specifics of comparable properties is recommended to fully assess the value.

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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