Connells says ..

Property Oracle says ..

This three-bedroom semi-detached house in Neath Hill, Milton Keynes, presents a mixed opportunity. Located in a desirable area with good schools (St Monica’s Catholic Primary School and Downs Barn School both rated ‘Good’ by Ofsted) and relatively easy access to Milton Keynes Central station, the property benefits from a strong location. However, the property requires extensive renovation and modernisation throughout. The images depict a property which is largely empty, with damaged walls, flooring and outdated fittings. The kitchen and bathroom are particularly in need of attention. Although the exterior is unremarkable, it appears structurally sound. The property does boast a garden, the size of which is not specified but appears to be adequate.

The list price of £230,000 needs to be assessed carefully. While the area is popular, the significant work required to bring this property up to a habitable standard needs to be factored in. The cost of such renovations could easily run into tens of thousands of pounds. Given that nearby, renovated properties appear to be selling for substantially more, the property’s value will greatly depend on the buyer’s inclination and resources for renovation. Therefore, while a property with such potential in this location is desirable to many buyers, the property is priced in a range that depends entirely on the buyer’s expectations and willingness to undertake a major refurbishment.

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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