Property Shop - Sales & Lettings says ..

Property Oracle says ..

This two-bedroom terraced house located on Spencer Street in Accrington, Lancashire is presented as an investor opportunity, needing full renovation. The property’s exterior appears to be structurally sound, constructed from stone. Internally, photographs reveal dated décor, requiring significant modernisation across all rooms. Walls require redecoration, and flooring needs updating. The kitchen, whilst functional, is old-fashioned and would benefit from a complete replacement or refurbishment. Similarly, the bathroom, although fitted with standard fixtures, aligns with the overall age of the property and necessitates modernisation. The property includes a small yard. While it needs landscaping, its addition is a plus.

The location is a key selling point. Being situated within easy reach of Accrington town centre and multiple well-regarded primary schools, including an ‘Outstanding’ rated one, increases the property’s appeal. The proximity to local train stations adds another positive aspect for commuting families. The average price for homes on Spencer Street appears to support the listed price, although more data on property size and conditions would allow a more detailed comparison. Overall, the property requires substantial investment for renovation; however, the location offers long-term value. The absence of square footage data limits the ability to conduct a fully comprehensive price per square foot analysis.

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

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