Peter E Gilkes says ..

Property Oracle says ..

This property on Southport Road in Croston, Lancashire, is listed for £385,000. It’s described as offering office and storage space and currently lacks bedrooms or bathrooms. The images reveal the property has undergone some improvements, although the interior finishes require work and modernisation. The property has a large car park and yard area. Nearby comparable properties, while limited in direct comparisons due to their varying forms, offer pricing datapoints that need more context. The area offers decent transport links via various train stations within a few kilometers. Multiple schools are within a reasonable distance, with varying Ofsted ratings. The property’s location offers a balance between rural peace and accessibility. However, the lack of defined garden space, need for interior work and modernisation, and the uncertain property market regarding development potential of neighbouring plots all need considered before valuation. The listing needs to be clear if this is a development opportunity. With more clarity on permitted development and comparative sales data, a more accurate valuation could be made. The current price could be considered somewhat high depending on the actual residential potential.

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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