Cubitt & West says ..

Property Oracle says ..

This one-bedroom flat in Newlands Crescent, East Grinstead, is currently listed at £140,000. The property’s main drawback is its condition, which is severely in need of extensive renovation. Photos reveal significant damage to walls and ceilings in both the living areas and bedroom, while the kitchen and bathroom exhibit notable wear and tear. The property’s value is substantially discounted because of this. Despite the poor condition, the flat benefits from a reasonably good location. It’s situated near East Grinstead town centre, offering access to local amenities, shops, and transportation, including East Grinstead train station, which improves the overall desirability and potential rental yield once refurbished. The proximity to well-regarded primary schools adds to the appeal for families. The property does benefit from access to communal gardens, although a private garden is absent. The listing price could be considered potentially reasonable given the area and proximity to amenities; however, the substantial renovation costs should be carefully considered by prospective buyers. Overall, while the location and potential of the property are noteworthy, the required renovation will be a significant factor in purchasing decisions.

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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