Bonds Of Essex says ..

Property Oracle says ..

This one-bedroom flat located on Church Road, Clacton-on-Sea, Essex, is currently listed at £90,000. The property’s location is a reasonable strength, with its proximity to the train station and several schools. However, the most significant aspect is the very poor condition of the property. The images indicate significant and extensive damage and dilapidation throughout the interior. Walls and floors display clear signs of wear and tear requiring attention. The kitchen and bathroom are particularly dated and require complete refurbishment. The carpets appear worn and stained, the flooring damaged, and there is a general lack of maintenance throughout the property. There is no information available regarding the size of the property, or whether any land or outdoor space is included. Without knowledge of square footage, it is impossible to definitively assess the value per square foot, but given the state of the property, a potential buyer needs to be aware of the substantial costs involved in bringing it up to a habitable standard. This is therefore an investment property that demands significant renovations and modernization before becoming a comfortable and functional living space. The property’s low price might initially appeal to investors but must be viewed in the context of substantial renovation requirements. Potential buyers should conduct a thorough survey to determine the full extent of repairs and associated costs before making any purchasing decisions. The lack of information on square footage and garden size is a major drawback when assessing value for money.

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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