Breakey & Co says ..

Property Oracle says ..

This two-bedroom detached bungalow located on Derwent Road, Orrell, Wigan, is presented to the market as a renovation project. The property’s location in Orrell is advantageous, benefiting from relatively good access to transport links via nearby train stations (Gathurst, Orrell, Pemberton etc.) and a selection of schools, some of which are rated as ‘good’ or ‘outstanding’ by Ofsted.

The interior of the property, however, requires extensive work. The provided photos reveal dated carpets and wallpaper, some areas of mold, and a general need for updating. While the kitchen appears to have been recently refitted, the overall condition of the property significantly detracts from its immediate livability. The bathroom is also tired and dated and will require updating.

The exterior shows that the garden is overgrown and requires significant landscaping. The property benefits from a garage, although the overall condition of the exterior is somewhat neglected.

The asking price of £190,000, given the condition, needs to be considered against the price of similarly sized and situated properties on the market. Although nearby properties have sold for significantly higher values, others have sold at prices much closer to the asking price. Potential buyers should factor the costs of renovation and modernisation into their purchasing decision. The lack of plot size information in the dataset makes a full comparative analysis difficult. Ultimately, this property presents a potential opportunity for buyers willing to undertake a substantial renovation project in an established and convenient location.

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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