Hawkesford says ..

Property Oracle says ..

This property in Shrewley, Warwickshire, presents a mixed bag of opportunities and challenges. Located in a desirable village setting with relative proximity to transport links and good schools, its key strength lies in its location. The peaceful setting near the Durham Ox pub is certainly a positive for potential buyers seeking a quiet village life.

However, the property is in need of significant renovation. The provided images reveal the interior to be largely untouched and in a state requiring extensive work, including plastering, flooring and the installation of modern amenities. This will obviously add substantial costs to the purchase price.

The land appears to encompass a garden of modest size and a shed, but the absence of a defined plot size in the information prevents a more decisive appraisal.

The listed price of £500,000 needs to be considered carefully given the condition of the property. While comparable properties in the area are expensive, the lack of detailed comparative data makes a thorough evaluation of value difficult. Potential buyers will need to carefully assess the cost of renovations against the property’s potential value after refurbishment to determine whether it represents a sound investment. A professional surveyor would be essential to obtain a accurate assessment of the work required and to accurately establish the value of the property upon completion of renovations.

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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