Davies Auctions says ..

Property Oracle says ..

This two-bedroom property in Stoke-on-Trent presents a complex investment opportunity. Located on Lewis Street, it benefits from relatively close proximity to transport links and local schools. However, the area’s overall desirability requires further research due to the inconsistent property values noted in nearby streets. The property is in significant need of renovation. The images reveal considerable damage to walls and floors throughout, indicating a substantial amount of work is required before the property is habitable. The kitchen, while having existing units, is also in need of updating. The absence of a garden is a notable drawback. The list price of £19,000 is low, reflecting the property’s poor condition. However, the potential return on investment after renovation should be carefully considered, taking into account the costs of refurbishment and the local market conditions. Potential buyers should conduct a thorough survey and seek professional advice before making an offer. The property is best suited for experienced investors or those with renovation expertise willing to undertake a substantial project.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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