Whittaker & Biggs says ..

Property Oracle says ..

This two-bedroom terraced house located on Willow Street in Congleton, Cheshire, presents a mixed investment opportunity. The property is situated in a convenient location within the Congleton East area, offering access to local schools and the Congleton train station, improving its desirability. However, the provided photographs reveal a disparity in the property’s condition. While the kitchen displays a reasonably modern aesthetic, other areas of the property, including the bathroom, upper floors, and some walls, require substantial renovation work. This includes damaged walls, outdated fixtures, and overall wear and tear. Additionally, the outside space is limited to a small paved backyard or patio, rather than a spacious garden. The list price of £125,000 must be considered in conjunction with the necessary repairs and renovations. Whilst comparable properties on Willow Street indicate the price isn’t overly exorbitant, the extensive works required will significantly increase the total investment. Potential buyers should meticulously factor in the cost of these renovations to ensure the property’s ultimate value justifies the overall expenditure. Therefore, this is a property that could be a good investment for buyers willing to undertake a substantial renovation project, otherwise the current condition and limited outdoor space may not justify the asking price for some buyers.

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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