Acumen Estates says ..

Property Oracle says ..

This three-bedroom terraced house in Knotty Ash, Liverpool, presents a mixed bag. Its location offers several advantages, including the proximity to a highly-rated nursery school and access to public transportation (Broad Green station approximately 1.6km away). Other nearby amenities should be considered by the potential buyer.

However, the property’s condition requires attention. The interior photos show a need for modernisation and renovation. The dated décor, and the need for refurbishment across several rooms, will likely necessitate further investment from the new owner. The small rear garden, while present, shows signs of needing significant landscaping.

The asking price of £170,000 is consistent with similar properties in the immediate area, but given the need for renovations, it’s not significantly undervalued. While potential buyers might appreciate the location and the inherent potential, they should budget for substantial improvements to bring the property up to a desirable standard. The lack of square footage and plot size information limits a full assessment of value per square foot. Prospective buyers would be advised to conduct a thorough survey to assess the condition and potential costs of renovation. The existing tenants in some neighboring properties might impact purchase decisions and should be investigated. Overall, the property presents an opportunity but requires realistic expectations and financial planning for renovation costs.

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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