Inglebys Estate Agents says ..

Property Oracle says ..

This three-bedroom property in Loftus, North Yorkshire is listed at £69,500. The property is in need of significant renovation, as evidenced by the photos showing damaged walls, outdated fixtures, and general wear and tear. While the location offers proximity to several schools (Hummersea Primary and Saint Joseph’s Catholic Primary are both rated Outstanding by Ofsted), the lack of information regarding plot size and the overall condition significantly impact the property’s value. Compared to nearby listings and the average house price in the area (£187,632), this property is significantly underpriced, potentially reflecting its condition and need for extensive renovation. However, for a buyer willing to undertake a full refurbishment, the low price could present an opportunity. The absence of information regarding the property’s square footage makes a definitive price per square foot comparison impossible. Further investigation into the property’s structural integrity and potential hidden issues is recommended before purchase.

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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