Sims Williams says ..

Property Oracle says ..

The property is a 4 bedroom, 2 bathroom detached house located in Walberton, West Sussex. It is listed at £550,000 and has 2,999 sqft of living space and a 1,656 sqft plot.

The location is good, with a nearby primary school (Walberton And Binsted Cofe Primary School) rated as ‘Good’ by Ofsted, and several other well-regarded primary schools within a 2.65km radius. There are also several train stations within a reasonable distance, providing convenient access to other towns and cities. The property benefits from having a garden.

Based on the provided images, the property appears to be in need of significant renovation. The interior shows dated decor, worn carpets and some signs of potential damp. The kitchen and bathrooms, while functional, also appear dated and would likely benefit from modernisation. The overall condition is significantly below the standard of modern properties.

Considering the average price per sqft in the area is £462, and this property is listed at £550,000, the price seems reasonable given its size, even considering the need for renovation. However, the average house price in the area is significantly higher at £658,581, which may suggest the property is underpriced. The nearby comparable properties, while varying in type, do not provide a clear indication of whether the price is above or below market value. More information is needed to provide a more accurate assessment of the price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images