Fardella & Bell Ltd says ..

Property Oracle says ..

This two-bedroom terraced house in Burnley, Lancashire, presents a mixed bag for potential buyers. Its location in Brunshaw offers decent access to schools and transport links, but the lack of information on local shopping and other amenities prevents a comprehensive view of its advantages.

The property’s condition is a significant factor; the provided photographs clearly show a property in need of substantial modernisation. The kitchen and bathroom are dated, and the interior décor and carpet throughout the property are outdated. Potential buyers should budget for significant renovation costs, which could increase the total cost of ownership.

The small paved rear yard offers limited outdoor space, which is a point to consider for those seeking a larger garden. The lack of plot size data reinforces that there isn’t significant land involved.

The list price of £60,000 is a consideration. While comparable properties in the immediate vicinity seem to have higher price points, this property’s condition would likely make a final sale price below the list price. Careful appraisal of the renovation costs is essential before making an offer. This would be an ideal investment for a buyer looking for a potential renovation project, willing to undertake significant work. Buyers should weigh the cost of renovations against the potential resale value once upgraded.

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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