Peter Alan says ..

Property Oracle says ..

This three-bedroom semi-detached house located in Ceiriog Crescent, Hawthorn, Pontypridd, is currently listed for £120,000. The property is situated in a reasonably convenient location with schools and transport links within a short distance. However, it’s crucial to note the property is in a significantly poor condition, requiring substantial renovation work throughout. The images display various issues, including damage to walls and ceilings, an outdated and neglected bathroom, and a kitchen in need of complete refurbishment. The garden, while present, is also overgrown and needs attention. The property therefore represents a significant investment opportunity for someone willing to undertake extensive renovations. The value hinges completely on the prospective buyer’s ability and willingness to renovate the home. Potential buyers should factor in a substantial budget for repairs and modernization before making an offer. A thorough survey is essential to determine the full extent of the necessary work and associated costs. Given the current state of the property, a potential investor may find it attractive as the property offers the opportunity for significant equity growth once renovations are complete. However, the property will not appeal to those seeking a move-in ready home. Further research into local comparables and the true cost of the renovation would be prudent to form a well-rounded view of the property’s potential. The lack of plot size information does not allow for a conclusive land assessment.

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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