McEwan Fraser Legal says ..

Property Oracle says ..

This property is a 2-bedroom flat located in Lochee, Dundee. The flat is in need of modernisation, as seen in the provided images. The décor is dated and some repairs are needed. The kitchen and bathroom appear functional but require updating. The location is relatively close to transportation links with nearby train stations at Invergowrie and Dundee. However, information on nearby schools is not available. The list price of £48,000 is significantly lower than the average house price in the area (£321,187), and the price per sqft is also considerably lower than the average (£291.00). However, this is a flat, not a house, and the property needs renovation, which impacts its value. Considering the condition and the need for modernisation, the price may reflect the market value for a property requiring significant investment.

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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