McGowan Housing says ..

Property Oracle says ..

The property is located in Larkhall, South Lanarkshire, Scotland. The area has an average house price significantly higher than the list price of this property, at £470,683 compared to £55,000. However, this is likely due to the significant difference in property type and size. Nearby properties show a range of prices, with some apartments selling for prices closer to the list price of this property. The proximity to Larkhall train station (0.32 KM) is a positive aspect, offering convenient access to public transportation. The exterior of the building shows signs of age and potential need for repair or maintenance, particularly visible in the provided photographs. The interior images suggest the property is habitable but could benefit from some modernisation. The lack of information regarding plot size and square footage makes it difficult to accurately assess the land and price per square foot. Without knowing the property’s size, a comprehensive analysis of value for money is impossible. The property is a one-bedroom, one-bathroom flat, which is a smaller property type compared to the average in the area. This would account for the significant difference in price. Given the age and condition of the building, along with the lack of information on the property size and land, the price may represent reasonable value for a small flat in this location, although further information is needed for a conclusive assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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