Taylors Estate Agents says ..

Property Oracle says ..

This three-bedroom property located on Mead Road, Stoke Gifford, Bristol, presents a unique opportunity for a buyer willing to undertake a significant renovation project. The property boasts characterful features, such as exposed wooden beams and a stone fireplace, which offer potential for creating a charming and unique home. However, the current state of the property requires comprehensive refurbishment. Walls and ceilings show damage, the bathroom and kitchen appear outdated and require complete replacement, and the garden is overgrown and neglected. The listing mentions that cash buyers only are preferred, highlighting the potential need for upfront funding for renovations.

The location is a positive aspect, with nearby schools rated ‘Good’ by Ofsted and Bristol Parkway train station offering convenient links to major transport hubs. The relatively quiet residential setting also contributes to the area’s family-friendly atmosphere. However, it is important to note the lack of specific plot size information and an absence of precise details on property sizes in nearby listings which makes it difficult to accurately assess the value of land per square foot. While the list price of £275,000 seems reasonably positioned in context of neighboring properties, the extensive renovation costs must be carefully considered. Potential buyers should undertake a thorough survey and obtain detailed cost estimates for the required works before making an offer.

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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