PFK says ..

Property Oracle says ..

The property is a 2 bedroom cottage situated on Manse Row, Blennerhasset, Cumbria. The list price is £175,000.

The property appears to be in good condition for its age. The interior is clean and well-maintained, though the style is somewhat dated. There is evidence of some modernisation, but the property retains some traditional character. The kitchen and bathroom appear to be in good condition, and the property benefits from a small garden.

The location is in a quiet village setting, close to Blennerhasset School which is rated ‘Good’ by Ofsted. While the immediate vicinity may lack extensive amenities, the proximity to Wigton offers access to more extensive facilities.

Considering the average price per square foot in the area is £565, and the property is 837.43 sq ft, a rough estimate of value would be around £473,000. However, the average house price in the area is £938,846, which is significantly higher. The list price of £175,000 is considerably lower than both the estimated value based on sq ft and the average house price in the area. This suggests the property may represent good value, although this is dependent on the condition of the property and the size of the plot. The property has a small garden, which is a positive feature. However, the significantly lower price compared to area averages warrants further investigation to ensure there are no underlying issues affecting the property’s value.

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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