Pattinsons says ..

Property Oracle says ..

This property on Cross Street, Preston, is listed as a building converted into three separate one-bedroom apartments, offered for sale via online auction. The listing explicitly states that the estate agent has not inspected the property. This lack of inspection is a significant concern. The provided photos reveal modern, basic interiors, suggestive of a recent refurbishment or conversion. The finishes are clean and appear functional. However, the lack of detail in photos and the absence of key information like total square footage makes it impossible to assess the condition thoroughly. The location within Preston city centre is advantageous, providing access to amenities, transport links, and local schools. The proximity to Preston train station offers convenient access to other areas. The absence of information regarding the actual size of each apartment and the overall plot size affects the evaluation. Considering nearby comparable properties, such as the Chaddock Street apartments (ranging from £40,000 to £170,000) and those in Winckley House (£112,500-£185,000), the list price of £270,000 appears quite high, considering the available data. The price could be justified by the combined value of three apartments but additional information on the square footage of each apartment is crucial. A significant caveat is the lack of an estate agent property inspection. Potential buyers should proceed with caution and undertake their own due diligence before bidding.

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