Auction House says ..

Property Oracle says ..

The property at 7 Cook Road, Holme Hale is a bungalow in need of significant renovation. The images show extensive fire damage and general disrepair throughout. The property has a garden, although it is currently overgrown and neglected. The list price of £150,000 is considerably lower than the average house price in the area (£392,143). However, this is likely reflective of the property’s extremely poor condition. The lack of comparable properties with similar characteristics makes a precise price comparison challenging. Nearby properties on Cook Road have sold for between £50,500 and £235,000, but these are not directly comparable due to differences in condition and size. The significant renovation required would likely increase the final cost substantially. Therefore, while the list price appears low compared to average prices, it also reflects the extensive work needed to make the property habitable. The location is in a rural village setting, which may appeal to some buyers but is also likely to limit demand. The proximity to several primary schools, albeit at varying distances, could be considered a positive aspect for families. The lack of readily available transportation information prevents a full assessment of this aspect of the location.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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