PFK says ..

Property Oracle says ..

The property is a farmhouse located in Tebay, Cumbria. The asking price is £250,000. The property has 3 bedrooms, 1 bathroom, and is approximately 2,963.05 sqft. The plot size is 1,459.31 sqft. The average house price in the area is £635,000, with an average size of 1,134 sqft and an average price per sqft of £559. This suggests that the subject property is significantly below average in price. However, it is also significantly larger than the average property in the area. Based on the images, the property appears to be in need of some modernisation. The kitchen and bathroom appear dated and some areas show signs of wear and tear. The property has some character features, but overall it is not in excellent condition. There is evidence of a garden, which appears to be reasonably sized for the property. Considering the property’s location in a rural area, its size, the need for modernisation, and the significantly lower price compared to the average house price in the area, the list price of £250,000 may represent good value for money for a buyer willing to undertake renovation work. However, the lack of information on comparable properties makes it difficult to definitively assess the price. The proximity to Tebay Primary School (1.90 km) and Orton Cofe School (2.23 km), both rated ‘Good’ by Ofsted, is a positive aspect of the location. The distance to other amenities is unknown.

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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