Farrell Heyworth says ..

Property Oracle says ..

The property is located in Lancaster, Lancashire, and is a 2-bedroom, 1-bathroom house with a total area of 526.22 sqft. The list price is £200,000. The average house price in the area is significantly higher at £407,139, with an average price per sqft of £358. This suggests that the property may be underpriced compared to the average for the area. However, it’s crucial to consider other factors.

The property has a small garden, visible in the provided images. While not extensive, it does offer some outdoor space.

Based on the images, the property appears to be in relatively good condition, although some minor cosmetic updates could enhance its appeal. The kitchen and bathroom show signs of age, but are functional. There is no evidence of significant structural issues.

The property’s location is near several schools with good Ofsted ratings and is within reasonable distance of transportation links. This is a positive factor influencing its overall desirability.

Considering the property’s size, condition, and location relative to the average prices in the area, the list price of £200,000 appears to be quite reasonable, potentially even representing good value for money, especially when compared to similar properties in the area. However, the lack of information on the plot size makes it difficult to fully assess the land 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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