Considering the property’s location in Preston city centre, its size, and the need for modernisation, the list price of £110,000 appears relatively reasonable compared to other properties in the area, although not exceptionally good value. The need for renovations means it might not be attractive to all buyers. While prices in the area are generally lower than other UK locations, the price is considered relatively fair for the market.

Based on the provided photos, the property appears to be in fair condition but requires some modernisation. The kitchen and bathroom appear dated, and the interior decor is outdated. While the structure seems sound, significant renovation and updating would be needed to bring it up to modern standards. Therefore, a moderate condition score is assigned.

The property is located in the city centre of Preston, offering convenient access to amenities, transport links (Preston train station is less than a kilometre away), and schools. The proximity to Preston train station, which provides links to major cities, adds to its appeal. Several well-regarded schools are within a reasonable distance. This contributes to a higher location score.

The property has a small rear garden, which is overgrown. While there is some outdoor space, its size is limited and its current state requires considerable work before it’s usable. This warrants a low land score.