Neil Robinson says ..

Property Oracle says ..

This four-bedroom terraced property in Hallcroft, Skelmersdale, offers a potentially good investment opportunity for a buyer willing to undertake some refurbishment work. The property benefits from proximity to good primary schools and various train stations. The property is a terraced house with what looks to be a small rear garden. However, the images reveal a property in need of modernisation. Walls require repainting, and the kitchen and bathrooms could benefit from updates. The overall condition indicates the need for a refurbishment budget that should be factored into any purchase decision. While the four bedrooms represent a considerable space, their current state requires consideration. The lack of square footage data for the property and the surrounding area makes comparing price-per-square-foot difficult. The property’s price of £127,000 seems relatively reasonable in context of similar properties in the area; however, a detailed survey and costing for necessary repairs would be crucial before making an offer. The property could provide a good return after improvements are made, but buyers should factor the cost of refurbishment into their overall budget.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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