The Asset Brokers Ltd says ..

Property Oracle says ..

This four-bedroom, four-bathroom property located on Long Lane in Wavertree, Liverpool, is presented as a potential investment opportunity. The property includes a kitchen with modern amenities and multiple bathrooms. The listing highlights its suitability as a multi-occupancy property given its number of bedrooms and bathrooms.

Images reveal a mixed condition. The kitchen is presented in good condition with a contemporary design. Other images, however, show that some areas of the property could benefit from upgrades and minor repairs. At least one bathroom showcases some signs of wear. The property’s exterior is a standard terraced house with a small backyard. A lack of outdoor space is a notable aspect.

The list price of £190,000 must be evaluated carefully considering the condition of the property. The presence of nearby properties with varying prices (some considerably lower) and significantly smaller footprints raises a question as to whether this price is at the top end of the market value range for this type of property. The lack of square footage information on comparable properties makes accurate pricing analysis challenging. Further, it’s unclear whether the property has been updated recently.

Potential buyers should carefully assess the cost of any necessary repairs and renovations and carry out a thorough property survey before purchasing. The positive aspects are the location in a desirable area with transport links and proximity to schools, making it attractive to families or students. However, the limited garden space and the need for some upgrades impact its overall attractiveness. The high number of bedrooms and bathrooms suggests it could work well as an HMO for investors but this would require further assessment of local regulations and rental demand.

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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