Newton Fallowell says ..

Property Oracle says ..

This three-bedroom terraced house on Wellington Street in Peterborough is presented as a potential investment opportunity or first-time buyer property. The listing price is £100,000. The property is situated in a location with convenient access to schools and transportation; however, the property itself requires a substantial amount of work.

The photographs show that the property is cluttered and requires renovation throughout. The bathroom needs complete modernisation. The kitchen, while functional, is dated and cluttered. The interior requires significant cleaning and tidying, and likely repainting.

The rear garden is significantly overgrown and needs substantial clearance and landscaping before it can be considered usable. The property also lacks any precise details on square footage. The provided images do not present the property in a positive light, showcasing a level of disrepair that would require a significant financial investment beyond the purchase price to rectify.

Potential buyers should carefully consider the scope of necessary renovation work and factor that into their overall cost analysis and their decision making process. A professional survey is crucial before making an offer. While the listed price might appear attractive at face value, potential buyers must be aware of the extent of work needed before purchasing the property.

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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