Bridgfords says ..

Property Oracle says ..

The property is a three-bedroom terraced house located on St Matthew Street in Burnley, Lancashire. It is listed at £60,000 and has a floor area of 1,422.99 sqft. The property requires extensive renovation. The location is close to several primary schools with good Ofsted ratings, including Burnley Holy Trinity Church of England Primary School (0.28km), Coal Clough Academy (0.59km), and Christ The King Roman Catholic Primary School (0.64km). Burnley Manchester Road train station is also within a reasonable distance (0.74km). This suggests a convenient location for families and commuters. Based on the provided images, the property is in poor condition and requires significant renovation work. Walls show significant damage, and the interior finishes are outdated and worn. The kitchen and bathroom are particularly dated and require complete refurbishment. The overall state of the property suggests a considerable amount of work will be needed to bring it up to a habitable standard. The property has a small yard at the rear, providing some outdoor space. However, it is not extensive. Considering the property’s condition, the list price of £60,000 appears relatively low compared to the average house price in the area (£458,408). However, the average price per sqft is £424, while this property is listed significantly lower. The low price is likely reflective of the extensive renovation needed. The price may be attractive to a buyer willing to undertake a substantial refurbishment project, but the cost of renovation should be carefully considered.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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