Linley & Simpson says ..

Property Oracle says ..

This four-bedroom terraced house located on Burley Lodge Road in Hyde Park, Leeds, presents a mixed bag of features. Its location in Hyde Park is a significant advantage, benefiting from proximity to Leeds University, good transport connections (though the distance to the train station should be considered), and several well-rated primary schools. This makes it an attractive proposition for students or families.

However, the property’s condition requires careful evaluation. While the kitchen and bathroom appear relatively modern, other areas of the property, particularly the basement, appear to be in need of significant refurbishment. This will likely add to the overall cost of ownership. The photos showcase a degree of wear and tear, suggesting a potential need for cosmetic upgrades. The small, poorly maintained rear yard also reduces its overall desirability and potential for outdoor use.

The listing price of £240,000 sits within the range of comparable properties in the area, although the condition might make it slightly overpriced for buyers seeking a move-in-ready property. The lack of square footage information for the nearby properties and for this property makes it impossible to confirm if the price is per square foot is reasonable. Buyers should carefully assess their budget and factor in the costs of potential renovations before making an offer. Overall, the property represents a viable option, but potential buyers need to be realistic about the necessary maintenance and updates needed to fully realize its potential.

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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