Mighty House says ..

Property Oracle says ..

This four-bedroom terraced house located at 20 Gregson Road, Lancaster, is presented as an investment opportunity, likely targeting students due to its proximity to several schools and its description as an "income-producing investment property". The property benefits from its central Lancaster location, with relatively close proximity to Lancaster train station. The interior appears to be well-maintained and recently updated, with modern fixtures in the kitchen and bathroom. However, a key drawback is the absence of any garden or significant outdoor space. The listing highlights its status as a rental property, suggesting its suitability for investors rather than owner-occupiers. While the list price of £175,000 appears reasonable considering the local market and the number of bedrooms, the lack of precise square footage and plot size data limits a complete assessment of its value. More detailed information on the property's structural integrity, potential maintenance needs, and the rental income it generates would provide a more comprehensive evaluation. Overall, it presents as a sound investment property catering to a specific niche market. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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