Bridgfords says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Napier Street in Nelson, Lancashire. It is listed at £145,000 and has 661 sqft of living space and a 741 sqft plot. The location is reasonably good, with several primary schools within a short distance, all rated ‘Good’ by Ofsted. Nelson train station is also conveniently close by, offering links to other towns and cities. However, the average house price in the area (£239,500) is significantly higher than the list price of this property, suggesting it may be undervalued or that the area has some drawbacks not immediately apparent. Further research into local amenities and the wider Nelson housing market would be needed to fully assess the location score. Based on the provided images, the property appears to be in fair condition. While it is not in need of major renovations, some cosmetic work is likely needed. The kitchen and bathroom require updating, and minor repairs are visible in some of the bedrooms. The garden is overgrown, but it is present and offers potential. The overall condition is not excellent, but it is habitable and could be improved with some investment. The property includes a garden, which is a positive aspect. The size of the garden is reasonable for a terraced house in this area. Considering the list price of £145,000, the average price per sqft in the area (£158), and the condition of the property, the price seems reasonable, potentially even a good value. However, the average house price in the area is considerably higher. The lower list price may reflect the need for some modernisation and the slightly below-average size of the property compared to others in the area. A more detailed comparison with similar recently sold properties in the immediate vicinity would provide a more precise assessment of the property’s value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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