Houseclub says ..

Property Oracle says ..

The property is a block of apartments located on Scotforth Road in Lancaster, Lancashire.

It has two bedrooms and two bathrooms, with a total area of 1,441.56 square feet. The list price is £200,000.

The property appears to be in generally good condition, although some minor cosmetic work may be needed. The kitchen and bathrooms appear relatively modern, while the rest of the property shows signs of wear and tear consistent with its age. There is no evidence of significant structural damage or the need for major renovations.

The property’s location is positive, with several highly-rated schools within a short distance. The proximity to Lancaster train station also provides convenient access to transportation links. However, the plot size is listed as 0.00 sqft, indicating a lack of garden space.

Considering the average price per square foot in the area (£358.00), and the property’s size (1,441.56 sqft), a rough estimate of its value would be around £515,000. The listed price of £200,000 is significantly below this estimate. However, the lack of garden space and the need for some minor cosmetic improvements should be considered when evaluating the price. The lower price may reflect the lack of outdoor space and the need for some minor updates. Further investigation into comparable properties in the immediate area would be beneficial to fully assess the 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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