John Francis says ..

Property Oracle says ..

The property is a two bedroom, two bathroom terraced house located in Pontardawe, Swansea. The list price is £110,000. The property is in need of significant renovation. The property has a small garden to the rear. While the plot size is listed as 0.00 SQFT, the images show a small, overgrown, but usable garden space. This is a positive aspect, offering some outdoor space. However, it will require considerable work to bring it to a desirable standard. Based on the images provided, the property is in poor condition and requires extensive renovation. Wallpaper is peeling, carpets are worn, and there is evidence of damp. The kitchen and bathrooms are dated and require modernisation. The overall condition suggests a substantial amount of work is needed before the property is habitable. The average house price in the area is significantly higher at £271,493, with an average price per square foot of £249. Considering the property’s condition and size (691.10 SQFT), the list price of £110,000 appears relatively low. However, the significant renovation required needs to be factored in. Nearby comparable properties show a range of prices, some considerably higher, reflecting the variation in condition and size. The low price may reflect the extensive work needed. A potential buyer should budget for significant refurbishment costs. The location is in Pontardawe, Swansea. The proximity to schools and transportation links is a positive factor. However, further investigation into the quality of local schools and the frequency/convenience of transport links would be beneficial.

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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