Mann says ..

Property Oracle says ..

The property is a 3-bedroom house with 1 bathroom located in the Princes Park area of Chatham, Kent. The list price is £230,000. The property includes a garden, although the images suggest it requires attention. The house itself appears to be in need of significant renovation and modernisation. Wallpaper is peeling in several rooms, and there’s evidence of damp or water damage in various areas. The kitchen and bathroom are dated and require updating. The average house price in the area is £266,000, and the average price per square foot is £315. While the list price of £230,000 is below the average, the property’s condition significantly impacts its value. The extensive renovations needed would likely add considerably to the overall cost. Nearby properties on Spitfire Close have sold for between £137,000 and £250,000, indicating a range of prices within the street. However, the condition of those properties is not specified. The location benefits from proximity to several primary and secondary schools, with Kingfisher Community Primary School being relatively close. The area also has good transport links to Chatham, Gillingham, and other towns via Southeastern rail services. The presence of a garden is a positive aspect, but its current state needs improvement. Considering the property’s condition, the need for substantial renovation, and the average prices in the area, the list price of £230,000 may be considered reasonable for a buyer willing to undertake extensive refurbishment works. However, a full survey and professional valuation would be recommended before any purchase decision.

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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