Balgores says ..

Property Oracle says ..

The property is a 3-bedroom bungalow situated in Kings Gardens, Cranham, Upminster, RM14 1LA. It boasts a plot size of 8,804.88 sqft and a total area of 818.60 sqft. The list price is £550,000. Considering the average property price in the area is £450,015 and the average price per sqft is £400, this property’s price per sqft is significantly lower. However, the condition of the property needs to be taken into account when assessing value. The property shows signs of needing renovation. The kitchen, in particular, appears dated and requires updating. Some minor wall damage is also visible in the images. The bathroom, while functional, also appears dated and could benefit from modernisation. The garden is a considerable size, adding to the property’s overall value. The location is positive, with nearby schools receiving good Ofsted ratings and several transportation links within a reasonable distance. Upminster station, providing c2c services, is only 2.39km away. The property’s condition is a key factor affecting its overall value. While the structure appears sound, significant modernisation is needed throughout. The dated kitchen and bathroom, along with minor wall damage, suggest a lower condition score. The large garden is a positive aspect, contributing to a higher land score. The location is convenient, with good schools and transport links nearby, which supports a high location score. Given the lower price per sqft compared to the average and the need for renovation, the price appears reasonable, but not necessarily a great value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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