Cottons says ..

Property Oracle says ..

Plots 2 & 3, Rokholt, located on New Penkridge Road in Cannock, presents a unique opportunity to acquire a substantial detached property with significant potential. Marketed by Cottons, this eight-bedroom house offers a large plot size and is situated in a location that balances suburban convenience with access to local amenities. The property is within proximity to schools such as St Lukes Cofe Primary School and transportation links including Cannock train station.

However, the property requires extensive renovation. The interior photos reveal outdated decor, worn carpets, and rooms in need of repair. This presents an opportunity for buyers looking to customize a property to their specific tastes, but it also means a considerable investment beyond the purchase price.

The asking price of £995,000 appears high when compared to average property prices in the area. Comparable detached properties in the vicinity are listed at lower prices, though they may not offer the same land size. The large garden and ample parking space are definite assets, providing potential for landscaping, recreation, or expansion.

Overall, Plots 2 & 3, Rokholt offers a blend of potential and challenges. Its prime location, substantial plot size, and proximity to amenities make it an attractive prospect. However, the extensive renovation required and the relatively high asking price should be carefully considered by 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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