Ryder & Dutton says ..

Property Oracle says ..

The property is a three-bedroom terraced house located on Vale Street in Bacup, Rossendale. The list price is £85,000. The property is in need of significant renovation. The interior photos show damaged walls, ceilings, and floors. The kitchen and bathroom are outdated and require complete refurbishment. The garden is overgrown and unkempt. This suggests a low condition score. While the property has a small garden area, it is significantly overgrown and requires considerable work. This limits the land score. The average house price in the area is considerably higher at £233,073, and the average price per square foot is £219. Given the property’s condition and the significantly lower price per sqft compared to the average, the list price of £85,000 may appear reasonable for a buyer willing to undertake a full renovation. However, the considerable work required should be factored into any purchasing decision. Nearby comparable properties on Vale Street sold for between £88,000 and £114,500, although sqft data is unavailable for these properties. The property’s location near schools and transportation links is a positive factor.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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