Fardella & Bell Ltd says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located on Melville Street, Burnley, Lancashire. It is listed at £70,000 and has a floor area of 709.02 sqft. The property benefits from being close to several primary and secondary schools, all within a 1km radius, with ratings ranging from ‘Good’ to ‘Outstanding’. Transportation links are also convenient, with Burnley Central train station approximately 2.28km away.

The property appears to be in generally fair condition, although some modernisation would likely improve its overall appeal. The kitchen and bathroom appear functional but dated, and the interior décor is somewhat tired. The property does have a small rear yard, which is a positive feature.

Considering the average house price in the area is £183,987 and the average price per sqft is £190, the listed price of £70,000 for this 709.02 sqft property seems significantly lower. However, this needs to be considered in the context of the property’s condition and the relatively small plot size. Nearby comparable properties on Melville Street range from £58,000 to £100,000, suggesting that the listing price is within the range of similar properties in the immediate vicinity, despite being below the overall average for the area.

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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