Neil Robinson says ..

Property Oracle says ..

This three-bedroom terraced property in Skelmersdale, Lancashire is listed at £100,000. The property benefits from a small enclosed rear garden, and appears to be in reasonable condition, although some modernisation may be desirable to increase its overall appeal. The kitchen and bathroom have been recently updated, which is a positive. The property’s location is convenient, with nearby primary schools rated ‘Outstanding’ or ‘Good’ by Ofsted, and several train stations within a reasonable distance. However, the average house price in the area is significantly higher (£404,387), and the average price per square foot is also considerably more (£413.00) than what this property is listed for. Considering the smaller plot size and the lower than average price per sqft of comparable properties in the area, the list price of £100,000 may represent good value for a buyer looking for a property that requires minimal work and is in a family-friendly location. However, potential buyers should carefully consider the property’s size and the overall condition of the property in relation to the local market.

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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