Connells says ..

Property Oracle says ..

This two-bedroom mid-terrace house in Swindon’s Old Town area presents a mixed bag. Its location is a significant advantage, boasting proximity to well-regarded schools and Swindon’s train station, enhancing its desirability and potential for rental income or long-term family living. However, the property undeniably requires substantial refurbishment. The internal photographs reveal dated décor, outdated bathrooms and kitchen that need complete remodeling. This will add significant cost to the purchase price.

The small, neglected garden adds little to the property’s appeal. Whilst it benefits from outside space this is only a small area with overgrown vegetation. While it has potential to be improved, this will require considerable time and money.

The asking price of £240,000 warrants careful consideration. While comparable properties in the area exist, the necessary renovations significantly impact the overall value. Prospective buyers should factor in these significant upgrade costs, which are likely to be substantial, before making an offer. A thorough survey is recommended to assess the full extent of necessary repairs and potential structural issues. In summary, while the location is attractive, the property needs a considerable amount of work and may be overpriced for the work needed. Buyers should proceed with caution, carefully evaluating the renovation costs against the final investment.

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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