Jayman says ..

Property Oracle says ..

This property is a one-bedroom flat located in Lichfield, Staffordshire. The location benefits from being relatively close to several primary and secondary schools, all rated as ‘Good’ by Ofsted. There are also several train stations within a reasonable distance, providing convenient access to other areas. However, the provided images reveal that the property is in need of significant renovation. The walls show signs of damage, and the overall condition appears dated and requires modernisation. The property has some outside space, but the size is not specified. The list price of £145,000 is significantly lower than the average house price in the area (£374,740), and also lower than comparable nearby properties. However, this is likely due to the property’s condition and the fact that it is a flat rather than a house. Considering the required renovation work, the price may be reasonable, depending on the buyer’s budget and willingness to undertake such projects. More information on the square footage would be beneficial in determining the price per square foot and therefore a more accurate assessment of value.

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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