Andrews Estate Agents says ..

Property Oracle says ..

The property is located in Stonehouse, Gloucestershire, a town with a population of around 6,000 people. Stonehouse benefits from being close to Stroud, a larger town with more amenities. The property is within walking distance of several primary and secondary schools, including Maidenhill School and The Shrubberies School, both rated ‘Good’ by Ofsted. Stonehouse railway station is also nearby, providing convenient access to the Great Western Railway network. The proximity to schools and transport links makes this a reasonably convenient location.

Based on the provided photographs, the property appears to be in need of significant modernisation and refurbishment. The interior shows dated decor, worn flooring, and requires a complete overhaul. The garden also appears overgrown and neglected. This suggests that the property requires considerable investment to bring it up to a desirable standard.

The property includes a rear garden, albeit one that needs attention. The plot size is 866 sqft, which is relatively modest but provides some outdoor space.

The list price of £240,000 is slightly below the average price of £245,826 for the area. However, considering the property’s condition and the need for extensive renovation, the price may be considered reasonable. The average price per square foot in the area is £251, and while the property’s size is 1,115 sqft, the significant refurbishment needed should be factored into any assessment of value. The nearby comparable properties show a range of prices, some higher and some lower, reflecting the variability in condition and features. Therefore, while the price might seem reasonable in comparison to the average, a potential buyer should budget for substantial renovation costs.

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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