ehB Residential says ..

Property Oracle says ..

Leamington Spa is a desirable town in Warwickshire, known for its attractive Regency architecture, excellent schools, and convenient access to amenities and transport links. The property’s location on Norfolk Street places it within easy reach of Leamington Spa town centre, offering a blend of convenience and residential calm. The proximity to several well-regarded primary schools, as well as Leamington Spa train station providing links to major cities, further enhances its appeal.

The property shows signs of needing some modernisation and updating. The interior images reveal dated decor, worn flooring, and some areas requiring attention, such as the damaged wall in the kitchen. The bathroom and bedrooms also appear to be in need of refurbishment. While structurally sound, significant cosmetic improvements would enhance the property’s overall condition and market value.

The property benefits from a small, enclosed rear garden, providing some outdoor space. Although not extensive, it offers potential for landscaping and improvement, adding to the property’s overall appeal.

Considering the property’s condition, the list price of £295,000 seems slightly high compared to the average price per square foot in the area (£345). While the property is larger than the area average (1,533.86 sqft vs 1,046 sqft), the need for significant renovation works should be factored into the valuation. Nearby comparable properties on Norfolk Street have sold for prices ranging from £207,500 to £365,000, but these lack the detail on condition and size to make a direct comparison. The average price in the area is £361,341, suggesting that a more realistic price might be slightly lower, considering the required renovations.

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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