Bairstow Eves says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Padholme Road in Peterborough, Cambridgeshire. The list price is £165,000. The property has a plot size of 1,045.18 sqft and is 997.17 sqft in size. The location is close to several schools, including The King’s (The Cathedral) School, which is rated as ‘Outstanding’ by Ofsted. Peterborough train station is also within a reasonable distance, providing access to other parts of the country. However, the immediate neighbourhood appears to be in need of some improvements. Several nearby properties on Padholme Road have recently sold for significantly lower prices, ranging from £30,000 to £112,000. This suggests that the area may have a mixed property market. Based on the images provided, the property is in need of significant renovation. The interior shows signs of wear and tear, outdated fixtures, and requires modernisation throughout. The garden is also unkempt and requires considerable work. The bathroom shows signs of damage and requires repair. The property benefits from having a small garden, although it is currently untidy. Considering the condition of the property, the relatively small plot size, and the lower sale prices of comparable properties in the area, the list price of £165,000 appears to be on the higher side. While the location has some positive aspects, the overall condition and the prices of nearby properties suggest that a lower price would be more appropriate. The average price per sqft in the area is £297, while this property is listed at approximately £165 per sqft. This is a significant difference and needs to be taken into account.

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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