Graham & Co says ..

Property Oracle says ..

The property is a 2 bedroom semi-detached bungalow situated in Over Wallop, Hampshire. The average house price in the area is significantly higher than the list price of this property, at £768,257 compared to £126,000. However, the average property size is also considerably larger (2,178 sqft vs 427 sqft). This suggests that the property may be underpriced relative to its size, but this needs further investigation.

The property appears to be in good condition based on the provided images. The kitchen and bathroom look modern and well-maintained. There is evidence of a garden, which appears to be of a reasonable size for a bungalow of this type. The property benefits from off-street parking.

The location is relatively rural, with the nearest train station (Grateley) being 3.37km away. There are several primary schools within a reasonable distance, with varying Ofsted ratings. The proximity to these schools and the relatively quiet location may be appealing to families. However, the lack of nearby shops and amenities might be a drawback for some buyers.

Considering the property’s size, condition, and location, the list price of £126,000 appears to be very low compared to other properties in the area. The significantly lower price point may be due to a number of factors including the smaller size of the property compared to the average house size in the area, or it could indicate that the property is being sold below market value. Further investigation into the reasons for this low price is recommended.

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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