eXp UK says ..

Property Oracle says ..

The property is located in Carlisle, Cumbria, a city in North West England. The area has a mix of housing types, with nearby properties ranging in price from £97,000 to £150,000. The average house price in the area is significantly higher at £265,698, suggesting that this property may be undervalued, especially considering the presence of nearby schools and transportation links. The proximity to schools like Pennine Way Primary School (rated ‘Good’ by Ofsted) and St John Henry Newman Catholic School could be attractive to families. Carlisle train station is also within reasonable distance, providing access to other parts of the UK.

The property itself is a semi-detached house with three bedrooms and one bathroom. The images show that the property has a small garden, and while the exterior appears reasonably well-maintained, the interior requires some updating. The kitchen, in particular, shows signs of wear and tear, and the flooring in several rooms needs attention. The overall condition is not poor, but it is not in excellent condition either. The property would benefit from some modernisation to enhance its appeal and value.

Considering the property’s size (619.68 sqft), the list price of £130,000 seems relatively reasonable compared to the average price per sqft in the area (£346.00). However, the need for renovations should be factored into any offer. The average house price in the area is significantly higher, but this is likely due to larger and more modern properties. The presence of a garden adds value, although its size is modest. The property’s location near schools and transportation makes it potentially attractive to buyers, particularly families.

Based on the provided information, the property presents a reasonable opportunity for a buyer willing to undertake some renovations. The price point is lower than the average for the area, but the condition of the property and its size should be taken into account.

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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