McHugh & Co says ..

Property Oracle says ..

The property located at 195 Chorley Road, Walton-le-Dale, Preston, PR5 4JS is a semi-detached house listed at £40,000. This price is significantly lower than the average house price in the area (£772,179), and this needs to be considered in the context of the property’s condition and size. The property appears to be in need of some modernisation and renovation. The exterior shows signs of age and potential disrepair. Without knowing the internal condition, it’s difficult to give a definitive condition score, however, based on the exterior alone, it is likely to require significant investment. The available land appears to be limited, with a small front garden visible in the photograph. There is no information on the size of the plot, however, based on the image, it is unlikely to be extensive. The location is in Walton-le-Dale, which benefits from proximity to several schools with good Ofsted ratings, and several train stations are within a reasonable distance. This suggests a reasonably convenient location, although further information on the immediate surroundings would be beneficial for a complete assessment. Given the significant disparity between the list price and the average house price in the area, along with the apparent need for renovation, the value for money is questionable. A more detailed survey is required to determine the extent of the necessary repairs and renovations. More information on the property’s size would also help to determine its true value.

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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