East Prescot Road, Liverpool
PO

East Prescot Road, Liverpool

By Point Properties

£ 120,000

Reviews

2 out of 5 stars

Point Properties says ..

Great freehold 2 bed house with a lot of potential - Great for first time buyers or investors alike! Potential for above 8% gross yield and for added value for refurbishment works to improve the property! NO CHAIN

Property Oracle says ..

This two-bedroom terraced house located on East Prescot Road, Knotty Ash, Liverpool, presents a mixed bag for potential buyers. The property benefits from a reasonably central location in Knotty Ash, offering good proximity to several primary and secondary schools and Broad Green Train station. This convenient access to amenities and public transport will appeal to families and those who rely on public transport.

However, the property requires significant modernisation. The kitchen is dated and needs a complete overhaul, and the photos show a lack of general cleanliness that will likely influence viewings. The garden, while present, looks somewhat unkempt and is average in size.

The asking price of £120,000 is slightly above the average prices for similar properties on East Prescot Road, but it sits within a realistic range, considering the market in the area and the potential rental yield mentioned in the listing description. A renovation project would likely add value to the property, making it appealing to both first-time buyers looking for a project and buy-to-let investors. Potential buyers should factor in the cost of renovation and improvements when assessing the property’s overall value proposition.

The absence of square footage information for the property and plot limits a comprehensive assessment of price per square foot and value relative to space. Ultimately, it’s a property that presents both opportunities and challenges, requiring careful consideration before purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
5
Bedrooms
2
Bathrooms
1

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Agent Activity

  • Point Properties created the listing.

Images