Auction Agent says ..

Property Oracle says ..

This one-bedroom mid-terrace property located on Derby Street in Accrington, Lancashire, is currently listed for sale by auction. The property requires extensive renovation and is in a significantly poor state of repair. The images highlight various issues: boarded-up windows, damaged flooring, and generally dilapidated interior. The property benefits from its location close to Accrington Train Station, and a few schools such as Accrington St John With St Augustine Church of England Primary School, which is approximately 0.41 KM away. However, the current condition is a major drawback. The lack of information on the property’s square footage and plot size makes a comprehensive evaluation challenging. While the list price of £30,000 might seem reasonable given the need for complete renovation, potential buyers should be fully aware of the considerable investment required to bring the property up to a habitable standard. A thorough inspection and survey are essential before making any offer. Nearby properties offer varying prices, ranging from £16,000 to £120,000. This indicates the value of properties in the area is significantly affected by their condition. The property’s auction format adds a layer of uncertainty, with the final selling price dependent on the level of competition among bidders.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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