Bailey Estates says ..

Property Oracle says ..

This three-bedroom, one-bathroom property located on Pitt Street in Southport presents a mixed bag. Its location in Southport offers proximity to various amenities, including schools with good Ofsted ratings and relatively convenient access to transport links. The photos reveal a property requiring a level of modernisation. Whilst the bathroom appears to have been recently updated, several rooms exhibit wear and tear, such as damaged wallpaper and dated flooring. The small paved rear yard provides minimal outdoor space. The property’s list price of £175,000 necessitates a careful assessment of the cost of the necessary improvements against the potential increased value after renovation. Comparable properties in the area, while requiring modernisation themselves, often feature similar pricing. The available data lacks information regarding the precise square footage of comparable properties, making a direct price-per-square-foot comparison difficult. However, based on available data, the price seems reasonable. A buyer should approach this property considering the renovation costs required before making an offer.

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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