Robinson Michael & Jackson says ..

Property Oracle says ..

This two-bedroom terraced house in Northfleet, Kent, presents a mixed opportunity for buyers. Located on Cecil Road, it benefits from its proximity to well-regarded schools such as Cecil Road Primary and Nursery School and Mayfield Grammar School. Gravesend train station, offering links to London, is also within reasonable commuting distance.

However, the property is in need of significant modernisation and renovation. The interior is dated, and the photographs depict worn carpets, outdated kitchen and bathroom fixtures and some signs of damp or potential damp problems. The small rear garden requires attention and landscaping.

The listed price of £230,000 requires further scrutiny. While comparable properties in the area show a broad price range, this property’s need for extensive renovation could lead to a lower final sale price, unless a buyer is willing to take on a significant project. Therefore, a complete cost analysis to make necessary improvements must be made before making a buying decision. Buyers should factor in the cost of necessary renovations when assessing the overall value proposition. The price could be considered reasonable considering location but its overall condition needs attention before considering the property a solid investment. Buyers should obtain several professional valuation reports before committing to a purchase.

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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