Mighty House says ..

Property Oracle says ..

This 8-bedroom, 2-bathroom property situated on Blades Street in Lancaster city centre is marketed as a potential income-generating HMO for students. Its central location offers easy access to Lancaster train station and several schools, making it an attractive option for students. The provided images reveal an interior that is functional but requires some level of modernisation. The property shows signs of wear, with furnishings appearing basic. The exterior reveals a terraced house in need of some external maintenance. Although the property description highlights its potential as a lucrative student let, with additional information regarding letting history, this would impact the accuracy of this analysis. The total lack of plot size information prevents any accurate assessment of the property’s overall value proposition. The listing price of £450,000 appears to be in line with the market value for similar properties in the area. The average price and sqft information for nearby streets isn’t sufficient to accurately evaluate the price per sqft. More information regarding maintenance needs would give a more accurate overall analysis of the property.

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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