Mags Property says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Bianca Street in Bootle, Merseyside. The list price is £100,000, and the property has a total area of 730.30 sqft. The average house price in the area is £176,574, with an average price per sqft of £80. The property is situated relatively close to several Merseyrail stations, offering convenient access to public transportation. There are also several schools within a reasonable distance, including Hugh Baird College, which received a “Good” Ofsted rating. Based on the provided images, the property appears to be in need of significant renovation. Several rooms show damaged walls and ceilings, requiring considerable repair work. The kitchen, while seemingly recently fitted, shows some exposed plumbing and incomplete work. The overall condition suggests a need for substantial investment to bring it up to a desirable standard. The small plot size of 0.00 sqft means there is no garden. Considering the property’s condition, the lack of land, and the relatively low list price compared to the area average, the price may seem reasonable for an investor willing to undertake a full renovation. However, the significant renovation costs should be factored into any potential purchase decision. The average price per sqft in the area is significantly higher than what this property offers, suggesting that the price may reflect the extensive work required. The nearby property sales show a wide range of prices, with some significantly lower than the list price, highlighting the variability in the local market and the importance of a thorough property survey.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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