Fisher Wrathall says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom terraced house located on Avondale Road in Lancaster, Lancashire. The property has been recently renovated to a high standard, as shown in the provided photographs. The kitchen and bathroom are modern and well-equipped. The living areas are spacious and bright. The property also benefits from a small, enclosed rear yard. The location is good, with several primary schools within a short distance, including Bowerham Primary & Nursery School (rated ‘Good’ by Ofsted) and Scotforth St Paul’S Church Of England Primary And Nursery School (rated ‘Outstanding’). Lancaster train station is also relatively close, providing access to other parts of the UK. However, the area is dominated by student rental properties, as indicated by the nearby listings. The condition of the property appears to be excellent. The recent renovation is evident in the high-quality finishes and modern fixtures throughout. While the property has a small rear yard, the plot size is relatively modest compared to other properties in the area. The list price of £200,000 is significantly lower than the average price for properties in the area (£407,139). However, the average price per square foot is £358, while this property’s price per square foot is approximately £293. Considering the property’s smaller size and the prevalence of student rental properties in the immediate vicinity, the list price appears reasonable, particularly given the recent renovation work. The lower price point may be due to the smaller plot size and the dominance of student HMOs in the area impacting average property values. The property is likely to appeal to both owner-occupiers and investors looking for a property in a convenient location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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