Richard Kendall says ..

Property Oracle says ..

Rein Road, Morley, Leeds is a 4 bedroom, 2 bathroom bungalow with a list price of £545,000. The property is situated in Morley South, Leeds, West Yorkshire. The average house price in the area is £242,508, with an average price per square foot of £253. This property has 1,350 sqft of living space and a plot size of 0.00 sqft. The property benefits from being close to several schools, including Woodkirk Academy (Good Ofsted rating), Queenswood School (Good Ofsted rating), and Seven Hills Primary School (Good Ofsted rating), all within a reasonable distance. Several train stations are also within reach, providing convenient access to public transport links. Based on the provided images, the property appears to be in good condition, although the decor is dated. The kitchen and bathrooms show signs of age but are functional. The property benefits from a conservatory and what looks like a substantial garden. The garden appears well-maintained, with various features including a shed and greenhouse. The property has a traditional style, with some features that suggest it may have been updated over time. Given the average price per square foot in the area (£253), and the property’s size (1350 sqft), a rough estimate of the value based solely on size would be around £341,000. However, the property’s location, condition, and substantial garden significantly impact its value. The list price of £545,000 is significantly higher than the average house price in the area and the estimate based on size alone. The higher price is likely justified by the larger plot size, the good condition of the property, and its location near good schools and transport links. Nearby comparable properties on Rein Road support the higher price point. However, a detailed survey would be required to fully assess the property’s value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images