Moving Works says ..

Property Oracle says ..

This 5-bedroom, 2-bathroom property located on Marsh Lane in Longton, Lancashire is presented as a renovation project with significant potential. The property’s size, at approximately 2994 sqft, is a significant selling point. The images reveal a mix of modern updates and areas in need of refurbishment. Certain areas, such as the bathrooms, feature contemporary finishes while other rooms present outdated features. The kitchen, though functional, appears dated. The property boasts a garden; however, the overall plot size, as compared to other expansive homes on the street, is relatively small. Notably, planning permission for a substantial extension to approximately 5,000 sqft has already been granted, which drastically increases the potential value of the property. This represents a unique opportunity for a buyer looking for a project and wishing to reside in a prestigious neighbourhood with access to good schools. Given the prices of other properties on Marsh Lane, the asking price seems somewhat competitive, though considerably lower than the more luxurious residences on the same street. The lack of square footage data for neighboring properties makes it challenging to completely assess price per square foot for a comprehensive comparison. The value proposition hinges heavily on the successful completion of the approved extension, thus transforming the property into a high-value home. Buyers should carefully consider both renovation costs and the potential resale value after the extension work is finished.

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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