Hackney & Leigh says ..

Property Oracle says ..

The property is located in Carnforth, Lancashire. It’s an end-of-terrace house with three bedrooms and one bathroom, and a plot size of 1,117 sqft. The property is listed at £160,000. The average house price in the area is significantly higher at £407,139, with an average price per sqft of £358. This suggests that the property may be underpriced compared to the average. However, without knowing the condition of the property, a definitive conclusion cannot be reached.

The property appears to be in need of some modernisation and updating. The exterior shows signs of age and wear, and some interior photos reveal a need for refurbishment. The kitchen, while functional, looks dated. The basement appears damp and requires attention. The small rear yard is paved and enclosed.

The location is reasonably good, with nearby primary and secondary schools and a train station within walking distance. This makes the property potentially attractive to families and commuters.

Considering the property’s condition, the relatively small plot size, and the lower list price compared to the average, the price may represent good value for money, but only if the buyer is prepared to undertake renovation work. The cost of renovations should be factored into the overall purchase price to determine the true value.

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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