Hunters says ..

Property Oracle says ..

This three-bedroom property located on Pagitt Street in Chatham, Kent, presents a mixed bag. The positive aspects include its convenient location near Chatham town centre, offering good access to amenities, transportation (Chatham train station is within walking distance), and well-regarded schools. The inclusion of a shop adds a unique element, potentially offering rental income or business opportunity, although the viability of this would require further investigation.

However, the property’s condition requires considerable attention. Images reveal outdated interiors and finishes which need updating. The kitchen and bathroom are particularly dated and will necessitate significant renovation or replacement. While the floor plan suggests good space for a family, current aesthetics are unappealing. The small garden and yard provide some outdoor space, but aren’t particularly large or well-maintained.

The list price of £350,000 needs to be contextualised within the required expenditure to bring the property up to a modern standard. This would inevitably drive up the total cost of ownership significantly. While the presence of a shop might be an attraction, the absence of specific details about its current state and profitability must be considered. Overall, buyers should approach this property with a clear understanding of the potential renovation costs and the additional complexities of owning and managing a property that also includes a retail space.

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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