Purplebricks says ..

Property Oracle says ..

The property is located in Penhill, Swindon, Wiltshire. The area has a mix of housing types and is relatively close to several amenities, including schools and transportation links such as Swindon (Wilts) train station (3.53 km away). However, the average house price in the area is significantly higher than the listed price of this property. The proximity to Sure Start Pinehurst And Penhill Children’s Centre, Seven Fields Primary School and other schools could be considered a positive for families.

Based on the provided photos, the property appears to be in need of some modernisation and updating. The flooring in several rooms shows significant wear and tear. While the structure seems sound, cosmetic improvements and potential repairs would likely be necessary. There is evidence of some dampness or water damage in at least one room.

The property includes a garden of a reasonable size, providing outdoor space. This is a positive aspect, especially for families.

Considering the property’s condition, requiring some renovation, its location in Penhill, and the significantly lower price compared to the area average, the list price of £170,000 may appear reasonable for a first-time buyer or investor willing to undertake renovations. However, the average price per square foot in the area is £397, and this property is significantly smaller than the average, which could be considered a factor. The lack of comparable properties with square footage data makes a definitive price comparison difficult. The nearby properties suggest a lower price range, but again, the lack of size information makes a direct comparison challenging.

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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