Slater Hogg & Howison says ..

Property Oracle says ..

The property is a 2 bedroom semi-detached house located in Inverkip, Inverclyde, Scotland. The asking price is £170,000.

The property appears to be in good condition, with a recently updated kitchen and bathroom. The flooring and decor are modern and well-maintained. There is evidence of a small, enclosed garden to the rear of the property.

The location is close to the Inverkip ScotRail station, providing convenient access to public transportation. However, information on nearby schools is not available. While the average house price in the area is significantly higher (£397,273), the average square footage is also substantially larger (1399 sqft compared to 564 sqft). The average price per square foot in the area is £283.00, which is considerably higher than the price per square foot of this property. The smaller size and lower price point of this property may be reflective of its semi-detached status compared to the predominantly detached properties in the area. Nearby properties are mostly detached villas, and therefore, not directly comparable.

Based on the provided information, the following analysis is offered:

Location: The proximity to Inverkip train station is a positive aspect, improving accessibility. The lack of information regarding nearby schools prevents a full assessment of the location’s family-friendliness. A score of ⁶⁄₁₀ is given due to the transport links.

Condition: The property appears to be well-maintained and recently updated, suggesting a good condition. A score of ⁸⁄₁₀ is given, reflecting the modern kitchen and bathroom.

Land: The property has a small, enclosed rear garden. A score of ⁴⁄₁₀ is given for the size of the garden.

Price: Considering the smaller size of the property compared to the area average and the lower price per square foot, the asking price of £170,000 appears reasonable. However, the lack of comparable properties makes a definitive judgement difficult. A score of ⁷⁄₁₀ is given.

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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