Number One Real Estate says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom terraced house located on Hamilton Street in Newport, Wales. The list price is £170,000. The property has undergone some renovations, particularly in the kitchen and bathroom. The kitchen features modern white cabinets and dark tile flooring, while the bathroom includes a new bathtub and tiling. However, some areas of the property appear unfinished or in need of further work. The property benefits from a small rear garden, which adds to its appeal. The location is within reasonable proximity to several primary schools (Catch22 Include Wales, St Patrick’s R.C. Primary School, Eveswell Primary School, and Somerton Primary School), and also has relatively easy access to Newport (South Wales) train station, which is approximately 3.58 km away. However, the average house price in the area (£400,449) is significantly higher than the list price of this property. The average price per square foot in the area is £354.00, while this property is priced considerably lower, suggesting it may be undervalued, but this needs to be considered in light of the condition of the property. The property’s condition is a mixed bag. While some areas have been recently updated (kitchen and bathroom), other areas appear to require further work or finishing. The overall condition is not excellent, but it is habitable. Considering the location, condition, and land, the list price of £170,000 appears reasonable given the lower prices of comparable properties in the immediate vicinity. However, the average price per square foot in the area is significantly higher than what this property is listed for. This suggests a potential bargain, but the need for further work should be factored in.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images