Linley & Simpson says ..

Property Oracle says ..

This four-bedroom terraced house in Armley, Leeds, presents a mixed bag. The property is situated in a location that provides access to local schools like St. Bartholomew’s Cofe Voluntary Controlled Primary School (rated ‘Good’) within a reasonable distance. Public transport links are available but aren’t immediately on the doorstep, requiring a journey to reach larger transport hubs. The property itself requires some refurbishment. The photographs show that while structurally sound, it needs modernisation in the kitchen and bathrooms to improve its overall condition. There is a small rear garden, adding some value, but its size is limited.

The list price of £140,000 seems in line with or slightly below the average for similar properties in the area, given the lack of consistently available square footage data in the neighboring properties. The need for modernization is a factor that could potentially affect the final sale price depending on the buyer’s priorities and budget. Investors may also find it attractive based on potential rental yield however, comprehensive market research on rental yields in the surrounding areas should be carried out to confirm this. Overall, it’s a viable option for buyers looking for a project in a reasonably convenient location with sufficient bedrooms, but it’s essential to budget for renovation costs. In summary, the property’s value and desirability will depend heavily on potential buyers’ willingness and ability to undertake necessary improvements.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images