Corrie and Co Ltd says ..

Property Oracle says ..

This property is a five-bedroom, two-bathroom terraced house located in Millom, Cumbria. The list price is £105,000. The property requires significant renovation work, as evidenced by the images showing damaged walls, peeling wallpaper, and outdated fixtures. The property does benefit from having a garden, albeit one that also requires attention. While the location is close to schools and transportation (Millom train station is 0.73km away), the average house price in the area is significantly higher (£463,182), suggesting this property may be undervalued, however, this is likely due to the condition of the property. Nearby comparable properties range from £36,000 to £175,000, with a noticeable variance in price likely reflecting the condition and size of the properties. Given the extensive renovation needed, the list price of £105,000 may appear reasonable for a buyer planning a full refurbishment, but it is important to factor in the substantial costs associated with such a project. The lack of square footage data makes a precise price per square foot comparison difficult.

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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