PFK says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom terraced house located on Main Street in St Bees, Cumbria. It is listed at £180,000 and has a floor area of 1,674.54 sqft. The plot size is not specified. The location is excellent, with St Bees Village Primary School just 0.02km away and St Bees School 0.68km away. The proximity to the train station (0.40km to St Bees station) provides convenient access to public transportation. Based on the provided images, the property is in need of significant renovation. The flooring, walls, and some fixtures appear worn and damaged. A full refurbishment would be required to bring the property up to a modern standard. There is evidence of a small yard or garden area to the rear of the property, although it appears to be in need of attention. Considering the average house price in the area is £463,182 and the average price per sqft is £546, the asking price of £180,000 for this property appears relatively low. However, this is likely due to the property’s condition. The need for extensive renovation work must be factored into any valuation. Nearby comparable properties on Main Street range from £127,500 to £215,000, though sqft data is unavailable for comparison. The lower end of this range is for smaller properties, and the higher end is for properties likely in better condition. Given the need for substantial renovation, the relatively low price may present an opportunity for buyers willing to undertake the necessary work. However, potential buyers should budget accordingly for refurbishment costs.

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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