eXp UK says ..

Property Oracle says ..

The property is located in Lea, Preston, Lancashire. It’s a three-bedroom semi-detached house with one bathroom, offering 1,156.71 sqft of living space and a 1,352 sqft plot. The list price is £200,000.

The property benefits from a good location with nearby schools such as St Bernard’s Catholic Primary School and Lea Community Primary School, both rated ‘Good’ by Ofsted, within a 1.5km radius. The proximity to these schools is a positive factor for families. Transportation links are also relatively convenient, with Salwick and Preston train stations within reasonable distance.

Based on the images provided, the property appears to be in generally good condition, although some areas could benefit from modernisation. The kitchen, in particular, looks dated and may require updating. The flooring and some fixtures seem quite modern, however. The garden is of a reasonable size and includes a shed and patio area.

Considering the average price of £234,612 and average price per sqft of £252 in the area, and given the property’s size (1,156.71 sqft), a rough estimate of the expected price would be around £291,000. However, the actual list price of £200,000 is significantly lower. While the property may require some modernisation, this price difference is substantial. The lower price may be due to factors not immediately apparent from the provided information, such as the need for more extensive repairs than initially visible, or market conditions specific to the immediate vicinity of the property. Further investigation would be needed to fully understand this discrepancy.

The property includes a garage and a garden. The garden is a good size for a semi-detached property in this area.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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