Bailey Estates says ..

Property Oracle says ..

The property is a two-bedroom cottage located on Lord Street in Southport. The location benefits from being close to Southport train station (0.45km), providing convenient access to the wider transport network. Several schools are also within a reasonable distance, including Southport College and Arden College, both rated as ‘Good’ by Ofsted. This makes the property potentially attractive to families and students. However, the plot size is very small, essentially just a paved yard, limiting outdoor space. Based on the images, the property appears to be a period property in need of some modernisation. Whilst the stained-glass windows and some original features are charming, the kitchen and bathroom appear dated and could benefit from updating. The overall condition is fair, but some cosmetic improvements would enhance its appeal. The list price of £250,000 is slightly below the average price for the area (£332,920), but the average price per square foot is £293 and this property is 1053.79 sqft. Considering the property’s condition and limited land, the price may represent reasonable value, but a full survey would be recommended to confirm this. Nearby comparable properties on Lord Street have sold for significantly less, ranging from £95,000 to £100,000 for flats. However, these are not directly comparable due to differences in size and type. The lack of information on the sqft of nearby properties makes a precise comparison difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images