McGowan Housing says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat located in Clayton-le-Woods, Lancashire. The list price is £60,000. Based on the provided images, the property appears to be in reasonable condition for its age. While some minor cosmetic updates might enhance its appeal, there are no apparent major structural issues or significant repairs needed. The kitchen and bathroom seem functional, although the style is dated. The property’s location is convenient, with nearby primary schools receiving good Ofsted ratings and several train stations within a reasonable distance. The proximity to these amenities is a positive aspect. However, the lack of information regarding the size of the property and the plot makes it difficult to assess the land score accurately. The images show a small, fenced-off area, which is likely shared parking. Considering the average house price in the area is significantly higher (£515,185), and the average price per sqft is £553, the list price of £60,000 for this one-bedroom flat seems exceptionally low. However, comparable properties on Oak Croft itself range from £36,000 to £99,000, suggesting the list price might fall within the range of similar properties on the street, even if significantly lower than the overall area average. The discrepancy could be due to factors not captured in the provided data, such as the property’s precise size, specific condition details, or the inclusion of any leasehold considerations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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