Morefield Place, Ullapool, IV26
PU

Morefield Place, Ullapool, IV26

By Purplebricks

£ 135,000

Reviews

2 out of 5 stars

Purplebricks says ..

Fantastic opportunity to purchase this three bedroom end of terraced home located in sought area of Ullapool. Accommodation comprises ~ On the ground floor is a spacious open plan living/dining room. A large kitchen with ample storage space. On the first floor three well-appointed bedr...

Property Oracle says ..

The property is located in Ullapool, a small town in the Highlands of Scotland. The area has an average house price of £154,675 and an average price per square foot of £197. This 3-bedroom end of terrace house is listed at £135,000 and has 1068.10 sqft. This is significantly below the average price for the area, and the price per sqft is also considerably lower than the average. However, the condition of the property needs to be taken into account. The images show that the property is in need of modernisation and some repairs. The decor is dated, and there is evidence of wear and tear throughout. The carpets and flooring appear worn, and the walls require repainting. The garden is also overgrown and requires attention. Therefore, while the list price is lower than average, the significant amount of work required to bring the property up to a modern standard should be factored into any assessment of value. The property does benefit from having a garden, which is a desirable feature, especially in a residential area. The size of the plot is 1078.54 sqft, which is comparable to the size of the house itself. In summary, the property presents a mixed picture. The price is low compared to the average for the area, but this is offset by the condition of the property, which requires significant renovation. The presence of a garden is a positive aspect. A potential buyer should carefully weigh the cost of renovations against the low purchase price to determine if it represents good value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
0
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,068.10
Lot (est)
1,078.54

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
100,833.00 £
Decreased by 30.42 %
from 144,919.00 £
Est sale value
135,648.70 £
Decreased by 52.96 %
from 288,387.00 £
Average area rental value
877.00 £/mo
Increased by 4.40 %
from 840.00 £/mo
Est letting value
1,068.10 £/mo
Unchanged by 0.00 %
from 1,068.10 £/mo
Est rental Yield
10.44 %
Increased by 50.00 %
from 6.96 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Purplebricks marked this listing as sold.

  • Purplebricks created the listing.

Images

Living Room Bedroom Rear Garden The Property Porch Living / Dining Room View Kitchen Bathroom Bedroom Hallway Rear Garden Rear Garden Front

Nearby Streets

NameAverage PriceAverage SqftDistance
Morefield Place £ 000.00 KM
Morefield Lane £ 000.00 KM
Kannachrine Court £ 000.00 KM
St Valery Place £ 205,00000.00 KM
Old Moss Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Morefield Place, Ullapool, IV26 £ 135,000BUY5 / 100.00 KM
Morefield Place, Ullapool, IV26 2TS £ 185,000BUY6 / 100.08 KM
3 Morefield Lane, Ullapool, IV26 £ 220,000BUY7 / 100.09 KM
Vyner Place, Ullapool, IV26 2XR £ 215,000BUY3 / 100.24 KM
Kanachrine Place, Ullapool, Highland, IV26 £ 250,000BUY6 / 100.42 KM