Karl Tatler Estate Agents says ..

Property Oracle says ..

This two-bedroom property located on Rake Lane in Wallasey, Wirral, presents a mixed bag of attributes. The property’s location is its strong point. Its proximity to New Brighton and convenient access to public transportation via Merseyrail, along with several highly-rated schools nearby, make it an appealing prospect for families and commuters. The street itself has easy access to local amenities as indicated by the nearby pharmacy. However, the property’s condition requires attention. The provided images show an interior that is dated and requires modernisation; some updates to kitchen and bathroom fixtures and overall interior decor would significantly improve the living space. Notably, the property does not have a garden or significant outdoor space.

The list price of £60,000 appears reasonably priced, considering the need for refurbishment. While it is lower than many nearby properties, this is balanced by the property’s condition and the absence of any garden or additional land. This makes it potentially a suitable option for investors, particularly buy-to-let investors, or those seeking a fixer-upper project in a desirable location. However, potential buyers should factor in the cost of modernisation and any unforeseen repair works into their budget. The absence of square footage data on the nearby listings makes a precise price comparison analysis 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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