Connells says ..

Property Oracle says ..

The property is located in Emersons Green, Bristol, a suburb with a mix of housing types. The area benefits from relatively close proximity to several primary schools, with Lyde Green Primary School being the closest at 0.37km. Transport links are also reasonably convenient, with several train stations within a 6-9km radius, though this requires car travel. The surrounding area appears to be a mix of modern housing developments and some older properties. The property itself is situated on a substantial plot of land, offering significant potential. The property’s condition is poor. The images reveal a dilapidated building in need of extensive renovation or even complete rebuilding. This is evident from the damaged windows, overgrown vegetation, and general state of disrepair. The property’s age and condition will require significant investment to bring it up to a habitable standard. The property has a large plot of land. The aerial images clearly show a substantial area surrounding the building, which could be used for various purposes, such as building an extension or creating a large garden. This is a significant positive aspect of the property. Given the property’s poor condition, the significant need for renovation or rebuilding, and the average price per square foot in the area, the list price of £500,000 appears high. While the large plot of land adds value, the cost of bringing the property up to a modern standard will likely be substantial, potentially exceeding the difference between the list price and the average house price in the area. The nearby comparable properties are all in much better condition, further supporting this assessment. A more realistic price would likely reflect the significant costs involved in bringing the property to a habitable condition.

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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