Bill Tandy & Co says ..

Property Oracle says ..

This property is located on Union Street, Burntwood, in the Chasetown area of Lichfield, Staffordshire. The area benefits from relatively close proximity to several primary and secondary schools, all with a good or outstanding Ofsted rating. Train stations are within a reasonable driving distance, although not within walking distance.

The property itself is a two-bedroom semi-detached house with one bathroom. The images show the property to be in need of significant modernisation and renovation. Walls show signs of damp, carpets are worn, and the overall condition appears tired and dated. The kitchen and bathroom are also in need of updating. The property has a garden which appears reasonably sized, although the images do not allow for an accurate assessment of its exact dimensions. The plot size is given as 830 sqft.

The list price is £200,000. The average price for properties in the area is £165,542, with an average price per sqft of £156. This property is 725.58 sqft, meaning that based solely on size, it should be valued at approximately £113,300. However, the condition of the property will significantly affect its value. The need for extensive renovation works will likely reduce the value considerably. Therefore, the list price of £200,000 seems high, given the condition and the average prices in the area. Further analysis would be needed to determine a more accurate market value.

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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