Farrell Heyworth says ..

Property Oracle says ..

The property is located on Balmoral Road in Lancaster, Lancashire. It’s a three-bedroom, one-bathroom terraced house with a small enclosed rear yard. The property is within close proximity to The Cathedral Catholic Primary School (0.09 KM), which is rated ‘Good’ by Ofsted. Lancaster Royal Grammar School is also relatively close (0.31 KM). The location benefits from its proximity to Lancaster train station (1.67 KM), providing convenient access to other areas.

Based on the provided photographs, the property appears to be in generally fair condition. While the interior shows signs of wear and tear, and some areas could benefit from modernisation, there are no obvious major structural issues. The kitchen and bathroom seem functional, although again, updating would likely enhance their appeal.

The property has a small yard, which is a positive aspect, although it is not particularly large. The lack of plot size information makes a definitive assessment difficult, but based on the images, it would be considered a small, low-maintenance outdoor space.

The list price of £245,000 is slightly higher than the average price of £206,432 for the area. However, the average price per square foot in the area is £254, while this property is listed at approximately £467 per sqft. This suggests that the property may be slightly overpriced considering its condition and the relatively small plot size, compared to other properties in the area. Nearby comparable properties on Balmoral Road have sold for prices ranging from £189,950 to £260,000, with significant variations in size and condition. The lack of sqft data for nearby properties makes a precise comparison challenging. However, taking into account the condition and size, the list price sits at the higher end of the market range for the area.

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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