Zest Homes says ..

Property Oracle says ..

The property is a three-bedroom terraced house located on Briton Road in Faversham, Kent. The list price is £320,000. The property has a total area of 1,148.51 sqft. Location: The property benefits from being close to several highly-rated primary schools, including Ethelbert Road Primary School and St Mary Of Charity Cofe (Aided) Primary School, both rated as ‘Outstanding’ by Ofsted. Faversham railway station is also within convenient walking distance, providing links to London and other parts of Kent. This positive proximity to amenities and transport links contributes to a desirable location score. Condition: Based on the provided images, the property is in need of significant renovation. The kitchen, bathroom, and living areas show considerable wear and tear, requiring extensive modernisation. The flooring, walls, and fixtures appear dated and damaged, suggesting a substantial amount of work is required to bring the property up to a modern standard. Land: The property includes a rear garden, although the provided image suggests it requires attention and landscaping. The size of the garden is not specified but appears relatively small. Price: Considering the average price of properties in the area is £498,807 and the average price per sqft is £538, the list price of £320,000 for this property seems relatively low. However, the property’s condition is a major factor influencing its value. The significant renovation needed offsets the lower price, meaning that while initially seeming low, the substantial costs involved in bringing the property up to a habitable standard should be factored into any assessment of its value. The price per sqft is not available for the subject property. Nearby comparable properties show a wide range of prices, highlighting the variability in the market.

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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