Entwistle Green says ..

Property Oracle says ..

This two-bedroom terraced house in Chipping, Lancashire is listed at £115,000. The property is in need of significant modernisation and renovation, as evidenced by the photographs. While the location benefits from relatively close proximity to two well-regarded schools (St Mary’s and Brabins Endowed), and the plot includes a small rear garden, the overall condition significantly impacts its value. The average house price in the area is considerably higher (£242,496), and the average price per square foot (£278) is also substantially more than what this property’s price per sqft would be. Given the extensive renovation required, the asking price may initially seem attractive, however, potential buyers should budget for substantial refurbishment costs. The property’s size (1942.45 sqft) is larger than average for the area (870 sqft) but this is offset by its poor condition.

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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