P and R Property says ..

Property Oracle says ..

Cobden Street, Luton, LU2 0NG Property Analysis

Location: The property is located in the High Town area of Luton, which is reasonably close to Luton town centre and benefits from its amenities. The proximity to Luton train station (0.64 KM) provides good transport links. Several schools are within a short distance, including St Matthew’s Primary School (0.07 KM), Windmill Hill School (0.34 KM), and Richmond Hill School (0.45 KM). This makes the location suitable for families. However, further research into the specific reputation and Ofsted ratings of these schools is recommended.

Condition: Based on the image provided, the property appears to be in fair condition. The brickwork shows some signs of age and potential need for maintenance, but there are no immediately visible signs of significant damage or disrepair. A physical inspection would be necessary to provide a more accurate assessment of the property’s condition, including the interior.

Land: The property has a relatively small plot size of 559.72 sqft. While it may include a small garden or yard, it’s unlikely to be extensive.

Price: The list price of £180,000 is considerably lower than the average price for properties in the area (£282,652). However, the average price per sqft (£276) is based on properties of different sizes and conditions. Considering the property’s smaller size (6,029.94 sqft) and apparent need for potential maintenance, the list price might be considered reasonable, although further investigation into the property’s internal condition is needed to confirm this. Nearby comparable properties on Cobden Street range from £125,000 to £235,000, suggesting the £180,000 price point falls within a plausible range. However, the lack of sqft data for these comparables limits the accuracy of this comparison.

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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