Fox & Sons says ..

Property Oracle says ..

The property is located on Walpole Terrace in East Brighton, East Sussex. The area benefits from being close to several schools, including Hamilton Lodge School and St. John’s College, both rated ‘Good’ by Ofsted. Public transport links are also within reasonable proximity, with London Road railway station approximately 2.5km away. This suggests a reasonably convenient location, though further investigation into the specific amenities and walkability of the immediate surroundings would be beneficial.

Based on the provided images, the property appears to be a period property in need of some modernisation. While the structure seems sound, the interior requires updating. The rooms are largely empty and undecorated, giving the impression of a property ready for renovation. The kitchen and bathroom appear functional but dated. The presence of fireplaces suggests traditional features, which could be attractive to buyers. The exterior of the property shows some signs of age, but overall appears well-maintained for a period property. The presence of a garden is a positive aspect.

The list price of £800,000 is significantly higher than the average house price in the area (£543,144). However, the property’s size (1041.62 sqft) is slightly below average (1102 sqft). Considering the need for modernisation, the higher price point may not reflect the property’s current state. Nearby comparable properties show a range of prices, with some terraced houses selling for similar amounts. A detailed comparison with similar properties in terms of size, condition, and features is necessary to determine whether the price is justified. The average price per sqft in the area is £492, while the price per sqft for this property is approximately £767. This difference needs to be explained by the property’s unique features, location advantages, or potential for future value appreciation. The plot size of 1383.16 sqft is a positive feature.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images