Mighty House says ..

Property Oracle says ..

This four-bedroom property on Hope Street, Lancaster, presents as a potential investment opportunity, primarily suited for rental income. Its location in Lancaster offers convenient access to transportation links and schools, with several primary schools within walking distance. The property’s condition is fair – adequately maintained, but not extensively modernized – showing typical signs of use as a rental. While the interior is functional, potential buyers may need to factor in minor maintenance or updates. The main drawback is the near absence of any garden or outdoor space; the paved area is hardly usable. The listed price of £230,000 could be considered competitive, particularly given the property’s rental history, but prospective buyers seeking a family home with a garden may need to adjust their expectations accordingly. The lack of detailed information on the property’s square footage in comparison to other nearby properties makes accurate evaluation of value for money difficult. Further investigation into the property’s specifics, including energy efficiency ratings, would provide a more comprehensive assessment. The absence of information on property type (terraced, semi-detached) in the nearby listings also limits the analytical depth.

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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