Brighouse Wolff says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located on Ormskirk Road, Chapel House, Skelmersdale, Lancashire. It has a list price of £142,000 and is 700 sqft with a 901 sqft plot. The property is situated within a reasonable distance of several primary and secondary schools, all with good or outstanding Ofsted ratings. The proximity to these schools is a positive aspect for families. Several train stations are also within a reasonable commuting distance, offering convenient access to other areas. Based on the provided images, the property appears to be in need of significant modernisation and renovation. The interior features dated décor, worn carpets, and fixtures that would likely require updating. The exterior, while structurally sound, also shows signs of needing attention, particularly the garden and outbuildings. The overall condition suggests a property requiring considerable investment to bring it up to a modern standard. The property includes a small yard and what appears to be a dilapidated garage. While the plot size is reasonable for a terraced house, the current state of the garden and outbuildings detracts from its overall appeal. The garden space is small, and the outbuildings are in disrepair. Considering the average house price in the area is significantly higher (£404,387) and the average price per sqft is £413, the list price of £142,000 for this property seems relatively low. However, this is likely due to the property’s condition requiring substantial renovation. The nearby properties for sale on Ormskirk Road show a range of prices, with some properties considerably lower than the area average, suggesting that the list price is in line with comparable properties in a similar condition. The need for extensive renovation work should be factored into any assessment of value.

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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