Lakes Estates says ..

Property Oracle says ..

The property is a park home located in Newbiggin, Penrith, Cumbria. It’s a two-bedroom, two-bathroom home with a total area of 753.47 sqft. The list price is £75,000.

The property appears to be in good condition. The interior is well-maintained and the kitchen and bathrooms look modern and clean. The images show a well-presented home with a modern kitchen and comfortable living spaces. There is no visible evidence of significant repairs or renovations being needed.

The property has a small plot size of 0.00 sqft, meaning there is no significant garden area. The surrounding area appears to be a park home development, with some landscaping visible in the provided images.

Considering the average price per sqft in the area is £559, and the average house price is £635,000, the list price of £75,000 for this 753.47 sqft park home is significantly lower. This suggests a potentially good value for money, considering the property’s condition and location. However, it is important to note that park homes typically command lower prices than traditional houses, and the lack of land may also contribute to the lower price. The nearby properties show a wide range of prices, from £230,000 to £650,000, but these are all different property types. The proximity to Penrith (North Lakes) train station, approximately 6.26 KM away, could be considered a positive factor for location. Several schools are within a reasonable distance, including Stainton Cofe Primary School (1.25 KM) which has a ‘Good’ Ofsted rating.

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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