Monks Estate & Letting Agents says ..

Property Oracle says ..

The property is a 2-bedroom detached bungalow located in Wem, Shropshire. The asking price is £170,000. The property appears to be in need of some modernisation and updating. The carpets and flooring look dated, and the kitchen and bathroom could benefit from a refurbishment. The property benefits from a conservatory and a garden, which adds to its appeal. The location is close to local amenities and transport links, including a train station approximately 0.6km away. There are also several schools within a reasonable distance. Considering the average house price in the area is £282,980 and the average price per square foot is £234, the asking price of £170,000 for this 682.11 sqft property seems relatively low. However, the need for modernisation and updating should be factored into the valuation. Nearby comparable properties on Arden Close have sold for between £129,500 and £185,000, suggesting the asking price is within a reasonable range, although at the higher end. The lack of plot size information makes it difficult to accurately assess the land value.

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

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