Sharman Quinney says ..

Property Oracle says ..

This two-bedroom flat in Werrington, Peterborough, presents a mixed picture. Its location offers several advantages: convenient proximity to schools (including those with good Ofsted ratings) and Peterborough Train Station, providing relatively easy access to London and other areas. However, the property itself is in significant need of modernisation and cleaning. The provided photographs reveal cluttered rooms and outdated decor, indicating a requirement for substantial renovation work and thorough cleaning. The lack of any significant garden or outdoor space is another disadvantage. While the asking price of £105,000 appears reasonably aligned with comparable properties in the vicinity, potential buyers need to carefully weigh this against the extensive refurbishment and cleaning costs they will almost certainly incur. The listing mentions tenants already in place which could be advantageous for investors, but it’s vital to examine the lease details and any potential implications. This could be a good investment opportunity but requires careful consideration of the work required.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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