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House been on market for ages - red flag?

Hello,

I’m currently looking for my first property. I have found a property that needs from the photos what appears to be a bit of work. Potentially a new kitchen up the road but mainly aesthetic.

This house however has been on the market for FOUR years, the price has dropped from approx £200 to around £170-180.

The property is currently rented and the agent has mentioned the person inside is “messy” and has used the rooms in an odd layout (using the main family room as a bedroom at the moment etc) and suggested that people have struggled to see past the decor and messiness of the tennant.

Nothing in the listing makes me suspicious and the agent hasn’t revealed any major red flags thus far. Properties in the area usually go for a lot more but are in better condition.

Am I wrong to be cautious? Could it just have been overpriced for the level of work?

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