holland & odam says ..

Property Oracle says ..

This two-bedroom mid-terraced Victorian cottage on North Road, Wells, offers a blend of potential and challenges. Its location in a sought-after area, close to the city centre and well-regarded schools, makes it a desirable property. However, the property requires considerable modernisation and updating. The interior décor is dated, and the garden needs significant landscaping work. The overall condition suggests that a buyer should budget for renovation costs in addition to the purchase price. The long, narrow garden provides a degree of outdoor space; however it is currently overgrown and unkempt. While a long garden is desirable, its current state must be considered. The list price seems competitive when considering other properties in the area, but the extensive work required should be factored into any purchase decision. Prospective buyers should carefully assess the extent of required renovations and factor this into their budget. The property’s Victorian character could be a selling point for those seeking to restore a period property, but the need for significant work should not be overlooked. Potential buyers need to consider whether the cost of the renovations is reasonable when balanced with the asking price. Ultimately, the property presents an opportunity for a buyer prepared to undertake a renovation project, in an otherwise attractive and desirable neighbourhood.

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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