Hunters says ..

Property Oracle says ..

This two-bedroom semi-detached bungalow in Heslington, York, presents a mixed picture. Its location is a major plus, situated in a desirable area close to the University of York and benefiting from relatively nearby amenities and schools such as Lord Deramore’s Primary School which received a good Ofsted rating. The proximity to York city centre via the nearby University Road adds further appeal. However, the property’s condition is a significant drawback. The photographs clearly show that extensive modernisation and repairs are needed throughout. The interior is dated, with cosmetic damage evident in several rooms. The garden, while present, appears neglected and will require considerable work to transform it into a usable outdoor space. The lack of precise plot size information prevents a definitive assessment of the garden’s potential. The listed price of £260,000 is challenging to definitively assess without knowing the actual square footage of the property. While some nearby comparables might appear to support this figure, the extensive renovation requirement suggests the overall value is not particularly high. Potential buyers should budget for substantial renovation costs which would likely increase the overall purchase price significantly. The property is likely to appeal to buyers who have the skills and resources to complete a full renovation. Investors should calculate carefully the costs involved and weigh the risks and potential returns before committing. The property should be fully surveyed before purchase to determine the full extent of necessary works and to get an accurate valuation.

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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