Jones & Chapman says ..

Property Oracle says ..

The property is a two-bedroom apartment located on Croxteth Road in Liverpool’s Princes Park area. The apartment is 490 sqft and is listed at £100,000. The location benefits from being close to several primary and secondary schools, including The Belvedere Academy, which has an ‘Outstanding’ Ofsted rating. Several train stations are within a reasonable distance, providing convenient access to Liverpool city centre. The proximity to good schools and transport links is a positive aspect of the property’s location. Based on the provided images, the property is in need of significant modernisation and renovation. The walls show signs of damp and peeling paint, and the carpets appear worn. The kitchen and bathroom, while functional, appear dated. The overall condition of the property suggests a considerable amount of work is required to bring it up to a modern standard. The property has access to a communal garden area, which is a positive feature. However, the plot size is listed as 0.00 sqft, indicating that there is no private garden space. Considering the average price per sqft in the area is £315, and this property is only £100,000 for 490 sqft, the list price appears to be significantly below the average. However, this is likely due to the property’s condition requiring substantial renovation. The nearby comparable properties on Croxteth Road range from £45,000 to £200,000, further suggesting that the price reflects the extensive renovation needed. The property may represent good value for money for a buyer willing to undertake the renovation work. The property includes a garage.

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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