First Choice Move says ..

Property Oracle says ..

This three-bedroom terraced house located on Birks Road in Cleator Moor, Cumbria, presents a mixed bag of opportunities and challenges for prospective buyers.

The property’s greatest strength lies in its location. Cleator Moor offers a relatively quiet residential environment, while remaining conveniently close to schools and transport links. The presence of multiple primary schools within walking distance is a significant positive for families. Train stations are within reasonable distance offering connections to bigger towns and cities, although it is worth noting that the town itself is quite small and so may not suit those seeking a more vibrant urban environment.

The condition of the property is a key factor to consider. While structurally sound, the property would clearly benefit from cosmetic improvements and modernization. The existing decor looks dated and needs updating; it’s not a major renovation project but will require some work. Carpets show significant signs of wear and tear. The kitchen and bathroom, while functional, are also in need of modernisation. A buyer would need to factor this into their budget.

The outdoor space is limited to a small yard, which provides some amenity but is not a substantial garden. This is typical for terraced houses in the area.

The list price of £60,000 is a key part of the analysis. The property is competitively priced within the context of other homes for sale on Birks Road and similar properties in Cleator Moor. Comparable properties on the same street are listed at varying prices, indicating a degree of variation. The property’s need for refurbishment has likely been reflected in the pricing. It appears fairly priced for the area, a decent entry level property which may be ideal for first time buyers, families, or investors aiming for a rental property after minor renovation work.

Overall, the property presents itself as a worthwhile investment, particularly for a budget-conscious buyer willing to undertake renovation work. The location’s convenience, coupled with the potential for improvement makes it an attractive option. The lack of significant land may be a limiting factor for some potential buyers.

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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