Your Move says ..

Property Oracle says ..

The property is located on Montreal Street in Carlisle, Cumbria. It’s a terraced house with two bedrooms and one bathroom, spanning 729.63 square feet on a plot of 869.72 square feet. The list price is £100,000.

The property appears to be in reasonable condition, although some modernisation would likely enhance its value. The kitchen and bathroom seem functional but dated, suggesting a need for updating. The property benefits from a small rear yard, offering some outdoor space.

Considering the average house price in the area is £265,698 and the average price per square foot is £346, the list price of £100,000 for this 729.63 sq ft property appears significantly below average. However, this needs to be considered in the context of the property’s condition and the prices of nearby comparable properties. Several nearby terraced houses on Montreal Street have sold for between £62,500 and £85,000, suggesting the list price is within the range of recently sold comparables. The presence of nearby schools and transportation links is a positive factor for location.

The property’s location in Carlisle offers proximity to transportation links (Carlisle station is 1.30 km away) and several schools, including The Bishop Harvey Goodwin School (0.43 km) and St Margaret Mary Catholic Primary School (0.66 km). These factors contribute positively to its overall desirability.

The small rear yard provides some outdoor space, although it may not be considered extensive.

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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