Sue Bridges says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Lancaster, Lancashire. The flat is part of Kensington House on Greaves Road, in the Scotforth West area. The location benefits from being close to several highly-rated schools, including Scotforth St Paul’S Church Of England Primary And Nursery School (Outstanding) and Ripley St Thomas Church Of England Academy (Outstanding), both within a kilometre. Lancaster train station is also within reasonable proximity, providing access to Avanti West Coast and Northern Trains services. Based on the provided images, the property appears to be in generally fair condition. The kitchen and bathroom show some signs of age, with fixtures and fittings that could benefit from updating. The living areas seem clean and well-maintained, although the décor is somewhat dated. There is no evidence of significant structural damage or disrepair. The property does not appear to include a private garden. The building has allocated parking, which is a positive aspect. Considering the list price of £89,950 and the average house price in the area of £407,139, this property is significantly below average. However, it’s crucial to note that the average price reflects all property types, while this is a 1-bedroom flat. The lack of square footage data makes a direct comparison based on price per square foot impossible. Nearby comparable properties, such as those on Greaves Road, range from £75,000 to £159,950, suggesting that the listing price might be at the higher end of the range for similar properties in the area, but still relatively affordable. Further investigation into the specific size of the flat would be needed to determine if the price is truly reflective of the market value.

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

Images