Hayley Baxter Sales & Lettings says ..

Property Oracle says ..

This two-bedroom terraced house in Lancaster’s Skerton East area presents a mixed bag. Its location offers several advantages: proximity to Lancaster city centre with its amenities and transport links, and relatively close to several schools, including the ‘Good’-rated Chadwick High School. However, the immediate street environment, as seen in the exterior photo, appears somewhat less desirable.

Inside, the property shows its age. The photos reveal dated décor, including carpets and tiling, and a general need for modernisation. The kitchen and bathroom are particularly in need of updating. While the structure appears sound, prospective buyers should budget for significant renovation costs. The small yard offers limited outdoor space.

The list price of £70,000 is relatively low compared to other properties in the area, but this is likely due to the condition of the property. While this makes it potentially attractive to investors or those willing to undertake renovations, it’s crucial to factor in the costs of bringing the property up to a modern standard. Overall, it is a potentially viable investment for someone with the time, skills, and financial resources to undertake a renovation project, but it is not a move-in ready property.

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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