JonSimon Estate Agents says ..

Property Oracle says ..

This two-bedroom terraced house located on Cog Lane in Burnley, Lancashire, presents as a significant fixer-upper. The property is listed at £50,000 and is in need of extensive renovation work. Photos show damaged flooring, wallpaper peeling from the walls, and a generally dilapidated condition throughout the interior. The exterior also shows evidence of wear. While the location offers proximity to transportation, specifically several train stations, and several schools, the immediate surroundings of Cog Lane appear less desirable. The property lacks a garden. The nearby streets show average house prices ranging from £30,000 to £85,000, suggesting the list price falls within the expected range for the area, particularly given the state of repair. Potential buyers should be prepared for significant upfront costs for repairs and renovations. However, the location proximity to schools and stations, and the relatively low cost for the area, makes this a potential investment opportunity for someone who wants to undertake a refurbishment project. Therefore, we give this property 3 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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