Hackney & Leigh says ..

Property Oracle says ..

This ten-bedroom Victorian terraced house in Penrith, Cumbria, is currently operating as a guesthouse. Its location in Penrith offers access to amenities and transport links, including Penrith (North Lakes) train station, which is approximately 0.78km away. Nearby schools include Brunswick School and St Catherine’s Catholic Primary School, both rated ‘Good’ by Ofsted.

The property’s condition appears to be reasonable. The interior photographs show a well-maintained interior with various rooms decorated in a consistent style, indicating that it has been recently refurbished or updated. However, a thorough survey is essential for a buyer to ascertain the state of the structure and any necessary repairs.

The external photos depict a terraced property with a small, paved patio garden with some planted areas. This outdoor space is relatively limited, suggesting a possible constraint for buyers looking for a larger garden.

The listed price of £550,000 for this property is significant, and comparable sales data is sparse or missing. The presence of ten bedrooms and its current use as a guesthouse do justify the price to some extent however, the lack of precise plot size information hinders the calculation of the price per square foot. Further investigation into comparable properties and professional valuation would be prudent before arriving at a definitive conclusion about the value of the property. The absence of detailed information regarding aspects like the property’s structure and fixtures limits the overall analysis. In particular, the absence of a plot size is problematic for calculating the price per square foot and for making judgements about its overall appeal to potential buyers.

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

Images