Auction House Cumbria says ..

Property Oracle says ..

This three-bedroom terraced house in Workington, Cumbria, is currently listed for auction at a guide price of £30,000. The property is conveniently located near the town centre and railway station, offering easy access to amenities and transportation. Several well-regarded primary schools are within walking distance, making it potentially attractive to families. However, the property is in need of modernisation. The provided images show outdated décor, worn carpeting and while the kitchen and bathroom are functional, an upgrade would greatly enhance their appeal. The lack of a garden is a notable drawback, common to terraced properties in urban areas. The extremely low list price is a significant factor. While the property requires renovation, it offers considerable potential for improvement and represents potentially exceptional value, making it an attractive proposition for buyers with DIY skills or renovation expertise. The auction format adds an element of risk and uncertainty to the purchase, but also offers the chance to secure a property well below market value. Potential buyers should factor in the cost of renovations and thoroughly inspect the property prior to bidding. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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