Fisher Wrathall says ..

Property Oracle says ..

The property is located in Lancaster, LA1, a city in Lancashire, England. The area benefits from relatively close proximity to several train stations (Lancaster, Bare Lane, Morecambe, and Carnforth), providing convenient access to other parts of the UK. There are also several schools within a short distance, including Our Lady’s Catholic College, Lancaster Dallas Road Community Primary School, and Chadwick High School. This suggests a reasonably convenient location for families and commuters. Based on the provided images, the property appears to be in good condition. The interior is clean and well-maintained, with modern fixtures and fittings. There are no visible signs of significant damage or disrepair. The apartment seems ready to move into. The property is an apartment, and therefore does not include a private garden. The plot size is equal to the square footage of the apartment itself. The list price of £105,000 is significantly below the average price for properties in the area (£225,569). Considering the average price per square foot in the area is £240, and this property is 620.30 sqft, a reasonable estimate of value would be around £148,872. However, the property is an apartment and the average price and price per sqft is based on all property types. The lower price may reflect the smaller size of the apartment and the lack of outdoor space compared to other properties in the area. The numerous nearby apartments listed at a higher price point, however, indicate that the list price may be undervalued. Further investigation into the specific features and condition of comparable properties would be beneficial in determining a more precise valuation.

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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