Kingswood says ..

Property Oracle says ..

This three-bedroom terraced house in Preston, Lancashire is listed at £185,000. The property is located on Castleton Road in the Deepdale area, close to several schools including Preston Muslim Girls High School (Outstanding Ofsted rating) and Deepdale Community Primary School. The area also benefits from relatively close proximity to several train stations, including Preston (Lancs) which is approximately 2.43km away.

The property itself appears to be in need of some modernisation and updating. While the bathroom appears to have had some recent work, other rooms show signs of wear and tear, including damaged walls and outdated decor. The kitchen also looks dated and could benefit from an upgrade. The property benefits from a small rear yard.

Considering the average house price in the area is £314,996 and the average price per square foot is £350, the asking price of £185,000 for this 885 sqft property seems relatively low. However, this is likely due to the condition of the property requiring significant renovation work. Nearby comparable properties on Castleton Road range from £60,000 to £160,000, suggesting that the asking price is on the higher end of the spectrum for properties in need of significant renovation in this area. Therefore, while the price may seem initially attractive, potential buyers should factor in the cost of renovations before making an offer.

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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