Hackney & Leigh says ..

Property Oracle says ..

This property is a 2-bedroom, 1-bathroom terraced house located in Carnforth, Lancashire. It’s situated on Lancaster Road, close to Carnforth train station, providing convenient access to transportation links. The area also benefits from several well-regarded primary schools within a short distance, including Carnforth Community Primary School and Carnforth Christ Church Primary School, both rated ‘Good’ by Ofsted.

The property itself appears to be a period property, exhibiting traditional architectural features. However, the interior photographs suggest it is in need of significant modernisation and renovation. The walls show signs of wear and tear, and some areas require attention. The garden, although present, is relatively small and requires landscaping.

Considering the average house price in the area is significantly higher (£407,139) than the listing price (£160,000), and the average price per square foot is £358 compared to this property’s implied price per sqft of approximately £187, the asking price appears relatively low. However, this is likely due to the property’s condition requiring substantial renovation work. Potential buyers should factor in these renovation costs when assessing the overall value. Nearby comparable properties on Lancaster Road show a range of prices, reflecting the variability in condition and size.

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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