Poole Townsend says ..

Property Oracle says ..

Saves Lane is located in Askam-in-Furness, Cumbria. The property is a detached house with 5 bedrooms and 2 bathrooms, and a plot size of 1,879 sqft. The list price is £525,000. The average house price in the area is £722,736, with an average price per sqft of £402. The property is within reasonable distance of several primary and secondary schools, all of which have a good Ofsted rating. Train stations are also within a reasonable distance.

The property requires some renovation work, as evidenced by the interior photographs. Many rooms show dated decor and require updating. Some areas appear to be undergoing renovation, indicating that work has begun but is not yet complete. The kitchen and bathrooms also appear dated and would benefit from modernisation.

The property benefits from a sizeable garden, which is a significant feature. The land is tiered and includes mature trees and shrubs. The garden is not well maintained, but its size and potential are clear.

Considering the need for renovation, the property’s size, the location, and the land, the list price of £525,000 is below the average house price for the area. While requiring significant investment, the potential value of the property after renovation is likely to be higher than the asking price. The property’s size and land alone make it a potentially good investment, provided the budget for renovation is factored in.

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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