DMS Property says ..

Property Oracle says ..

This three-bedroom terraced house located on Ettington Road in Anfield, Liverpool, presents an interesting opportunity for both first-time buyers and investors. The property’s location provides access to local schools, including those rated ‘Good’ and ‘Outstanding’ by Ofsted. Several train stations are within a few kilometers, offering convenient transportation links.

The interior of the property is presented in a livable condition, however, several areas could benefit from cosmetic upgrades to improve the property’s overall visual appeal. The décor appears dated. The kitchen and bathroom, in particular, show some signs of wear and tear and may require modernization to meet contemporary standards.

The lack of precise information on the property’s size (plot and building square footage) makes a definitive assessment of value more challenging. However, comparison with nearby properties suggests that the asking price of £120,000 might represent reasonable value, especially if the tenant remains in the property, generating a rental income of £600 per month.

Overall, this property presents a viable opportunity in the Liverpool housing market. The potential for rental income is certainly a key aspect for potential buyers, but a comprehensive survey would be advisable to asses the property condition and determine renovation needs. Future purchasers should undertake thorough due diligence and seek professional valuations before making an offer.

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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