Auction House says ..

Property Oracle says ..

The property is a 4-bedroom terraced house located on Arthington View in Leeds, West Yorkshire. The list price is £100,000, and the property has a total area of 1,040 sqft. The average price for properties in the area is £243,431, with an average price per sqft of £346. Considering the provided images, the property is in need of significant renovation. The interior shows considerable damage and deterioration, including a damaged ceiling, exposed wiring, and damaged walls and flooring throughout. This suggests a low condition score. The property has a small yard area, but no significant garden. Therefore, the land score would be relatively low. The location is close to several schools and transportation links. However, the immediate surroundings appear somewhat run-down based on the provided images, which may negatively impact the location score. Given the poor condition of the property, requiring extensive renovation work, and the limited land, the list price of £100,000 appears somewhat low compared to the average house price in the area (£243,431). However, the average price per sqft in the area (£346) is significantly higher than the implied price per sqft for this property (£96). This discrepancy is likely due to the property’s condition. While the price may seem low initially, the cost of the necessary renovations will significantly increase the overall cost.

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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