Entwistle Green says ..

Property Oracle says ..

This three-bedroom, three-bathroom property located on Owen Road, Lancaster, presents a complex case for potential buyers. The large square footage (2174 sq ft) offers significant living space, which is potentially attractive to families or those seeking space for conversion or rental. The nearby amenities including schools, and relatively close access to Lancaster train station, enhance the property’s appeal. However, the property requires extensive modernisation and repairs, as evident in the images provided which showcase significant areas of neglect. The basement appears to be cluttered and suffers from dampness and potential structural issues, necessitating careful inspection before purchase. The bathrooms and kitchen show inconsistencies in their condition, some rooms showing newer fittings whilst others are very dated and worn. The small yard provides minimal outdoor space which will likely detract from the properties appeal for many. The absence of precise details on plot size and square footage in the nearby property listings makes a conclusive price comparison challenging. Given the needed renovations, the list price of £170,000 reflects a balanced compromise, but prospective buyers must factor in substantial renovation costs. Due diligence is essential to determine the full extent of necessary repairs and their associated costs before making an offer.

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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