Peter E Gilkes & Company says ..

Property Oracle says ..

This property in Leyland, Lancashire consists of a 300 year old cottage and a former Smithy that has been converted into a guest house, currently operating as a business. The listing indicates eight bedrooms, suggesting considerable accommodation space, suitable for a large family or continued guesthouse operations. The property benefits from a well maintained garden and ample parking, although the size of both garden and parking area are not stated. The internal condition of the property shows some inconsistencies; some spaces are clearly modernised, while others show signs of age and could benefit from updating.

The location is near to several primary schools offering various Ofsted ratings, indicating a range of family choices. The proximity to Leyland train station adds to the property’s appeal by providing reasonable access to public transportation.

The pricing of £385,000 for this property needs further contextual data to assess accurately against the local market, as square footage and comparable properties’ precise features are unavailable. The dual nature of the property as both a residence and guesthouse makes a direct comparison more difficult and requires consideration of potential income against the asking price. Overall, this property offers a unique blend of historical charm and potential income generation, but further details are needed to make a conclusive evaluation of market value.

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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