Findahome Online Ltd says ..

Property Oracle says ..

This two-bedroom terraced house in Burslem, Stoke-on-Trent, is listed for sale at £75,000. The property is being sold as an online auction with a starting bid at the listed price. The listing highlights the presence of a tenant currently paying £550 per month, making it potentially attractive to buy-to-let investors. The interior photos reveal a property that is habitable but requires some updating. The decor is dated, the flooring appears worn in places and the kitchen fittings show signs of age. While the house appears structurally sound from the exterior image, the interior reveals the need for some modernisation. The kitchen is particularly dated. The lack of information on the plot size is a notable omission. The property’s proximity to schools, including Haywood Academy (Ofsted rating: Good), and transport links, adds to its appeal. However, the overall desirability would be influenced by the specific condition upon viewing. The provided average house prices in nearby streets are quite varied, some considerably higher than the listing price. Considering nearby comparable properties on Hamil Road alone, the price does fall within a reasonable range. Investors should carefully consider the rental return in relation to any necessary renovations. Further investigation of the specific structural soundness and possible repairs needed is essential for potential buyers.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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