Mooved says ..
This charming two-bedroom mid-terrace property offers an exceptional investment opportunity in the heart of Lancaster. Situated in the sought-after Skerton area, this property presents great potential for value enhancement and an attractive rental yield
Property Oracle says ..
This two-bedroom mid-terrace property in Lancaster’s Skerton East area presents a mixed bag of opportunities and challenges. The property is conveniently located near schools and Lancaster city centre, offering a balance of residential tranquility and urban convenience. However, the property is in significant need of renovation. The provided photos reveal visible damage throughout the house, including in the kitchen, bathroom, and living spaces. Walls require repair, flooring replacement is needed, and the property generally shows a lack of upkeep. The small backyard offers minimal outdoor space. While the list price of £75,000 might seem attractive initially, the extensive renovation work required should be carefully considered, and factored into the overall cost. Potential buyers should budget significantly for repairs and upgrades before making a purchase decision. The price reflects the need for renovation but doesn’t account for the extensive scope of works. Prospective buyers should undertake a thorough survey to assess the full extent of the renovation needed before proceeding.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 726.00
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Agent Activity
Mooved marked this listing as sold.
Mooved created the listing.
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