Mark Buchanan Property Group, Powered by eXp UK says ..

Property Oracle says ..

The property is located on Station Street in Maryport, Cumbria. It’s an end of terrace house with three bedrooms and two bathrooms, and a total area of 1,560.77 sqft. The list price is £130,000.

The property is situated close to Maryport train station (0.36km), providing convenient access to public transportation. Several primary schools with outstanding or good Ofsted ratings are within a short distance (less than 1km), making it a potentially attractive location for families.

Based on the provided images, the property appears to be in need of some renovation. Several rooms show signs of wear and tear, including damaged walls and ceilings. The bathrooms also require updating. The kitchen, while functional, appears dated. The property does benefit from a small yard/garden area and a detached garage.

Considering the average house price in the area is significantly higher (£938,846) and the average price per sqft is £565, the list price of £130,000 for this property seems relatively low. However, this is likely due to the condition of the property requiring significant renovation work. Nearby comparable properties range in price from £34,000 to £185,000, reflecting the variability in condition and size. The lack of plot size information for comparable properties makes a precise comparison difficult.

Given the need for renovation, the relatively small plot size, and the condition of the property, the price may be considered reasonable, provided the buyer factors in the cost of refurbishment. The property’s proximity to transport and schools could add value once renovated.

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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