Walton & Hipkiss says ..

Property Oracle says ..

This three-bedroom terraced house located on Wood Street in Kidderminster presents a mixed bag of opportunities and challenges for potential buyers. The property’s strong points include its convenient location near the town centre, offering easy access to amenities, shops, and transportation links. The proximity to several schools could also be attractive to families. The bathroom has clearly been recently updated.

However, a significant drawback is the condition of the property. The provided photographs reveal that substantial renovation is required, particularly concerning the flooring throughout the house. This necessitates a considerable investment of time and money from the new owner. While the garden offers some outdoor space, the images indicate a rather small plot.

The asking price of £190,000 is within the range of other comparable terraced properties in the Kidderminster area. The price is influenced by both the property’s location and need for renovation. While the substantial renovation is a considerable factor, there is potential to enhance the property’s value once the necessary updates are made. Therefore, for a buyer prepared to undertake a significant renovation project, this property could represent a worthwhile investment opportunity in a good location with reasonable pricing, given the current market conditions.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images