PCM Estate Agents says ..

Property Oracle says ..

The property is located on Mount Road in Old Hastings, East Sussex. The area benefits from several nearby primary schools with good Ofsted ratings, such as All Saints Cofe Junior Academy and Dudley Infant Academy, both within a 0.5KM radius. Several train stations are also within reasonable commuting distance, including Ore station (1.30 KM) and Hastings station (3.13 KM), providing good transport links. Based on the provided images, the property appears to be in need of significant modernisation and renovation. The interior decor is dated, and several rooms show signs of wear and tear, including exposed brickwork and damaged wall coverings. The carpets also appear worn and stained. The kitchen and bathrooms are outdated and would require a full refurbishment. The property requires significant work to bring it up to a modern standard. The property has a small yard/garden area, which is not particularly spacious but does offer some outdoor space. The size is limited, and the condition appears to be in need of some attention. The list price of £500,000 is higher than the average price of £444,151 for the area. However, the property is significantly larger than the average property size (1,520 sqft vs 1,151 sqft). Considering the average price per square foot of £385, a property of this size might be expected to cost around £585,000 (£385 x 1,520). While the list price is below this figure, the property’s condition significantly impacts its value. The required renovations will substantially increase the cost of ownership, offsetting the apparent bargain. The nearby listings show a range of prices, with some properties on Mount Road commanding higher prices, suggesting that location influences pricing. However, the condition of this specific property will significantly affect its final sale price.

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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