Sue Bridges says ..

Property Oracle says ..

The property is located on Torrisholme Road in Lancaster, Lancashire. It is a semi-detached house with 3 bedrooms and 1 bathroom, spanning 1,098.18 square feet on a 1,162.50 square foot plot. The list price is £199,950. The average house price in the area is £163,018, with an average price per square foot of £188. This property is larger than average at 1098 sqft compared to the average of 865 sqft. Nearby properties on Torrisholme Road have sold for prices ranging from £116,500 to £200,000. Other nearby listings show a range of prices, reflecting the variability in property size and condition within the area. The proximity to Lancaster train station (1.15km) is a positive factor for commuters. Several schools are within a reasonable distance, including Chadwick High School (rated ‘Good’ by Ofsted), although specific details on their suitability would require further investigation. Based on the provided images, the property appears to be in need of some modernisation. The decor is dated, and some areas show signs of wear and tear. The kitchen and bathrooms, in particular, would benefit from updating. The garden is relatively small but provides some outdoor space. Given the property’s condition, size, location, and the prices of comparable properties, the list price of £199,950 appears to be at the higher end of the market value for this area. While the property benefits from a good location and is larger than average, the significant modernisation required will likely influence buyer perceptions of value. A thorough survey would be recommended to assess the extent of necessary repairs and renovations.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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