Red Kite Estate Agents Limited says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located on Wall Street, Ebbw Vale. The list price is £80,000. Considering the provided images, the property is in need of significant renovation. The interior shows considerable wear and tear, with damaged walls, stained carpets, and outdated fixtures. The exterior, while showing the property’s traditional character, also needs attention. The property benefits from a small yard/garden area, though it appears to be unkempt and requires work. The inclusion of a detached garage is a positive feature. The location appears to be reasonably convenient, with nearby schools and transportation links. However, more information on the quality of the schools and the frequency/accessibility of public transport would be beneficial. The average house price in the area is significantly higher than the list price of this property, suggesting it may be undervalued, however, this is offset by the property’s condition. The average price per sqft in the area is £352, while the property in question is listed at a lower price per sqft, given its size and condition. However, without the sqft of comparable properties, a more accurate price per sqft comparison is difficult to make. Based on the available information, the property requires substantial renovation, impacting its overall value. While the location and inclusion of a garage are positive aspects, the condition of the property and the small, unkempt garden area significantly affect its overall desirability. The price, while lower than the area average, reflects the extensive renovation required.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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