Mark Buchanan Property Group, Powered by eXp UK says ..

Property Oracle says ..

This property in Workington, Cumbria presents a mixed bag of opportunities and challenges. The maisonette offers a unique investment opportunity, combining a commercial unit with a residential flat above. This mixed-use nature presents potential for dual income streams but also introduces a slightly greater level of complexity in terms of property management.

The location is relatively central, which is a clear advantage. Being close to schools and transport is undeniably a draw, especially for families. Proximity to local amenities would need to be investigated to fully assess this aspect. The images reveal a property in need of some refurbishment. Though some rooms seem well maintained, other areas, such as the floors, require attention. The bathroom and kitchen look usable, but updating could increase its value.

The lack of outdoor space is a notable disadvantage, especially if families or those seeking a garden are the intended market. While the list price is seemingly reasonable considering the combined residential and commercial nature of the property and its relatively large size, a more in-depth market analysis, including more complete data on nearby property sales, would provide a more definitive conclusion. Overall, this is a property that would appeal to investors seeking a combined investment and rental property in a convenient location. Those looking for move-in ready accommodation with a garden might find this to be less desirable.

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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