H&H Land & Estates says ..

Property Oracle says ..

Appleby-in-Westmorland is a charming market town located in the Eden District of Cumbria, England. The property at 28 Chapel Street benefits from its position within the town centre, providing convenient access to local amenities, including shops, restaurants, and transportation links. The nearby Appleby train station offers connections to other parts of the UK, enhancing the property’s accessibility. The presence of several schools within a reasonable distance, such as Appleby Grammar School and Appleby Primary School, adds to its family-friendly appeal. However, it’s important to note that the average house price in the area is significantly higher than the property’s list price, suggesting a potential undervaluation.

The property itself appears to be in good condition based on the provided images. The interior is presented well, with modern fixtures and fittings in the kitchen and bathroom. There is no apparent need for extensive renovations, although some minor updates might enhance its overall appeal. The property also benefits from a garden, which adds to its desirability and provides outdoor space.

Given the property’s location, condition, and inclusion of a garden, the list price of £155,000 appears to be significantly below the average price for properties in the area. The average house price in Appleby-in-Westmorland is substantially higher, and the average price per square foot is also considerably more than what this property is listed for. This suggests that the property may represent good value for money, although further investigation into the specific reasons for the lower price would be prudent. However, the lack of plot size information in the listing prevents a more detailed analysis of the land value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images