The list price of £240,000 seems somewhat reasonable considering the property’s size (1377.78 sq ft) and location. Nearby properties on Elm Vale have sold for a similar range. However, the required renovations will significantly impact the overall value and could make the price less appealing. The lack of sqft data on comparable properties does hamper the pricing analysis making the price more difficult to assess.

Based on the photos, the property appears to be in need of significant refurbishment. While the structure seems sound, many rooms show signs of wear and tear, including damaged walls, outdated fixtures, and general disrepair. The bathrooms are particularly dated and require significant updating. A renovation is needed before the property would reach its full potential.

The property is located in Kensington and Fairfield, Liverpool. This area benefits from its proximity to several highly-rated schools like St Sebastian’s Catholic Primary School and Harmonize Academy, both rated ‘Outstanding’ by Ofsted. The area also has relatively good transport links with Edge Hill train station being within a reasonable distance. The presence of Newsham Park nearby adds to the area’s appeal. However, the absence of detailed information about the immediate neighborhood (shops, amenities) slightly lowers the score.

The property has a small garden. While it is not extensive, the presence of some outdoor space, suitable for a small garden or patio, adds some value. The presence of a storage shed adds to the overall useable space.