Auction House Essex & Kent says ..

Property Oracle says ..

This property is a former Methodist church located in Lynsted, Kent, currently listed for £290,000. It is being sold via live stream auction. The property boasts three bedrooms and one bathroom across approximately 700 sq ft of space. The internal photos showcase a space that is in need of modernisation and renovation, with old fixtures and fittings evident throughout. The structure itself appears sound, although external features seem to show signs of wear and tear. It has a limited amount of land, with no obvious garden area depicted. The property benefits from its location near Teynham train station, offering good transport links. However, it’s crucial to note that one nearby primary school received a ‘serious weaknesses’ Ofsted rating, while others received ‘good’ ratings. A thorough independent survey and structural assessment would be highly advisable before purchasing this property, with particular attention paid to the work required for conversion to residential use. The price, while seemingly reasonable given the area and property type, necessitates a detailed cost analysis for renovation and conversion to ensure the investment viability. Given the auction format, it is crucial to factor in the competitive bidding environment. Prospective buyers should carefully weigh the potential costs against the final sale price.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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