Petty Estate Agents Ltd says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Cobden Street in Burnley, Lancashire. The list price is £60,000. The property is situated in the Bank Hall area of Burnley. While the provided data doesn’t offer detailed insights into the desirability of this specific location, the proximity to several schools and its relatively close distance to Burnley Central train station suggests a reasonably convenient location for families and commuters. More information regarding local amenities and the overall atmosphere of Bank Hall would be needed for a more comprehensive location assessment. Based on the provided photographs, the property appears to be in fair condition. While it doesn’t seem to require immediate major repairs, some cosmetic updates and potential maintenance might be necessary. The kitchen and bathroom show signs of age and could benefit from modernization. The overall impression is that it is habitable but could be improved. The property includes a small yard, although the size is not specified. This provides some outdoor space, which is a positive feature. Considering the list price of £60,000, the average price of similar properties in the area (£85,704), and the average price per square foot (£87.00), the property seems reasonably priced, potentially even undervalued. However, the lack of plot size information and the condition of the property being only fair impacts this assessment. The significantly lower price compared to the average area price suggests it may represent good value, but a thorough inspection is recommended to assess any potential hidden costs or issues. Further analysis of comparable properties with similar sizes and conditions in the immediate vicinity would strengthen this assessment.

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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