Phoenix Property Services says ..

Property Oracle says ..

This four-bedroom terraced house in Chatham, Kent is listed at £225,000. The property benefits from being close to several primary schools with good Ofsted ratings and is within walking distance of Chatham train station, providing convenient access to Southeastern rail services. While the property includes a small garden, the images suggest it is in need of significant modernisation and renovation. The average house price in the area is considerably higher at £320,739, and the average price per square foot is £363. However, comparable properties on Institute Road have sold for significantly less, ranging from £83,500 to £197,000. This suggests that the asking price of £225,000 might be on the higher end, especially considering the required renovations. The property is located in a convenient area with good transport links and schools, and it offers a basement which could add value once renovated. However, the condition of the property will affect any potential buyer’s perception of value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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