Wright & Co says ..

Property Oracle says ..

The property is located in Greenstead, Sawbridgeworth, a town in East Hertfordshire. Sawbridgeworth benefits from being relatively close to several train stations providing links to London and other parts of the country. The area also has a number of well-regarded schools within a reasonable distance, including several ‘Outstanding’ rated schools. This makes the location desirable for families. The property itself is a four-bedroom detached house with a garden and garage. The images provided clearly show that the property is in need of significant modernisation and renovation. The interior features outdated wallpaper, damaged flooring, and generally requires a complete refurbishment. The garden, while present, also appears overgrown and neglected. Considering the average price per square foot in the area is £480, and the property is 1,144.53 sqft, a rough estimate of the value based on condition and size would be around £549,388. However, the list price is £535,000. While slightly below the estimated value, the significant renovation required should be factored into any offer. The presence of a garden adds value, but the overall condition significantly impacts the perceived value. Therefore, the price reflects the need for substantial work.

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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