Pettengells Estate Agents says ..

Property Oracle says ..

Marine Drive is situated in Barton on Sea, a coastal town in Hampshire. The property is a detached house with 4 bedrooms and 2 bathrooms. The images show the property has been significantly damaged by fire, requiring extensive renovation. The plot size appears relatively large compared to neighbouring properties, offering potential for redevelopment. The list price is £1,000,000. Nearby properties, while varying in style and size, have sold for significantly less, with an average price of £347,290. The average price per square foot in the area is £121, but the property’s square footage is not provided, making a direct comparison impossible. However, given the extent of damage and the need for complete rebuilding, the asking price appears high compared to the average house price in the area. The proximity to the coast is a positive aspect, enhancing the location’s desirability. Several schools are within a reasonable distance, and train stations are accessible, although the exact distance to amenities is not specified. The property’s condition is extremely poor, requiring substantial investment to restore it to a habitable state. The available land is a significant asset, potentially offsetting some of the high cost of renovation. The overall value proposition is complex, with the significant land and coastal location potentially justifying a higher price, but the property’s current state necessitates a major financial commitment.

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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