Getting Started in Property says ..

Property Oracle says ..

This 3-bedroom terraced house on Bishop Road, Liverpool L6, presents a mixed bag of opportunities and challenges. Located in Tuebrook and Stoneycroft, it offers proximity to several schools, including one with an ‘Outstanding’ Ofsted rating, and is within reach of several train stations, enhancing its accessibility. However, the provided photos suggest a property in need of some upgrading. The kitchen, in particular, appears dated and in need of modernization, while the bathroom needs some attention. A minor ceiling repair is also visible in the kitchen. Cosmetics improvements would significantly boost the overall aesthetic appeal. While the property is habitable, potential buyers should factor these necessary improvements into their budget. The small, rather unkempt rear yard/garden offers limited outdoor space. The list price of £130,000 is arguably in line with market prices for similar properties in the area, though a precise price per sq ft comparison is difficult due to the absence of detailed sq ft data in neighboring property listings. Overall, the property could represent a viable investment, especially for those seeking a renovation project with potential for rental income, as suggested by the listing’s mention of rental yield. However, buyers should conduct a thorough survey before committing to purchase.

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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