Clee Tompkinson & Francis says ..

Property Oracle says ..

This property at Mayals Road, Swansea, presents a unique opportunity for a buyer willing to undertake a substantial renovation project. The house is a four-bedroom semi-detached property located in the desirable Mayals area, known for its close proximity to Mumbles and Gower. The location benefits from nearby schools, although the exact distances are not provided. The main drawback is the property’s condition. As shown in the photographs, it is in a state of disrepair and requires complete modernisation and refurbishment throughout. The interior features dated fixtures and fittings, and the carpeting, flooring and wall coverings are in poor condition. The property’s garden is visible in aerial and ground photos, and although there’s no stated plot size, it seems larger than average. The property also has outbuildings, which could offer potential for conversion or expansion. An important factor is a pre-planning application for a detached bungalow on the rear plot; this could significantly impact the property’s value if it is approved and completed. However, the list price should be viewed cautiously. While the location is advantageous, the required work and lack of precise details on plot size and the planning application’s impact on value means that a prospective buyer must factor extensive costs and uncertainties into any purchase decision. This needs a thorough survey and evaluation of the planning permissions. A detailed cost breakdown of the renovation, including any potential costs associated with the planning application, is strongly advised before purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images