Clifford Smith Sutcliffe says ..

Property Oracle says ..

The property is a 3-bedroom bungalow located on Laurier Road in Burnley, Lancashire.

It’s situated in the Queensgate locality and has a list price of £185,000. The property has a plot size of 884 sqft, the same as its internal square footage.

The average house price in the area is £154,816, with an average price per sqft of £157. The property’s list price is higher than the average, but it is important to note that the average sqft is higher than the property in question. Several nearby properties on Laurier Road itself have sold for prices ranging from £57,000 to £260,000, indicating a significant price variation on the street. This variation makes it difficult to definitively assess the value of the property without further information.

Based on the provided images, the property appears to be in need of some modernisation. The interior shows dated decor and some minor signs of wear and tear, particularly in the living room. The exterior, however, presents well with a maintained garden. The property benefits from having a conservatory, which adds to the living space and provides additional natural light.

The property’s location is close to several primary and secondary schools, with Holly Grove School and Reedley Hallows Nursery School both receiving an ‘Outstanding’ Ofsted rating. Several train stations are also within a reasonable distance, offering convenient access to public transportation. The proximity to local amenities and schools adds to the property’s appeal.

Considering the property’s condition, location, and the range of prices for similar properties in the area, the list price of £185,000 could be considered slightly on the higher end, but not unreasonable. A more detailed survey would be needed to determine the extent of any necessary renovations, which would influence the overall value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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