Entwistle Green says ..

Property Oracle says ..

This three-bedroom terraced house on St. Cuthbert Street in Burnley is presented as an investment opportunity. Its location offers a key advantage due to its proximity to Burnley General Hospital, making it attractive for tenants. Public transportation links are also easily accessible. Nearby schools cater to families.

However, the property is in significant need of repair and renovation. The photographs reveal outdated fixtures, worn-out carpets, and walls needing attention. Potential buyers should budget significantly for refurbishment. The lack of information on the property’s square footage and plot size limits a precise assessment of its value per square foot.

Considering the state of repair and the lack of details regarding the size of the property, the list price of £70,000 requires careful analysis. While reasonably priced given similar local property prices, prospective buyers must carefully weigh the potential costs of renovation and modernisation against their budget. Overall, the property presents a high risk, high-reward proposition dependent on the buyer’s resources and experience in property renovations. Additional information, particularly the property’s square footage and plot size, is crucial to offer a complete and accurate assessment.

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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