Kiln and Lodge Estates says ..

Property Oracle says ..

The property is located in Moulsham Lodge, Chelmsford, Essex. It is a four-bedroom, two-bathroom house with a total area of 1,004.57 sqft and a plot size of 1,135 sqft. The list price is £400,000. The location is good, with nearby schools (Moulsham Infant School, Moulsham Junior School, Moulsham High School, and Beehive Lane Community Primary School) all receiving good or outstanding Ofsted ratings. Chelmsford train station is also within a reasonable distance, providing good transport links. The presence of a garden is evident from the provided images, although it appears to be in need of some attention. Based on the images, the property is in need of significant renovation. The interior shows dated décor, worn carpets, and some areas of damage to walls and flooring. The garden also requires significant maintenance. The kitchen and one bathroom appear to be in slightly better condition than the rest of the house, but still require updating. Considering the average house price in the area is £244,515 and the average price per sqft is £257, this property, at £400,000, is significantly above average. While the larger plot size and number of bedrooms may justify a higher price, the condition of the property needs to be factored in. A significant amount of renovation will be required, which will add substantially to the overall cost of ownership. Therefore, while the location is desirable, the price may be considered high given the extensive renovation needed.

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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