M2 Estate Agents says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Morgan Street in Blaenavon, Torfaen. The list price is £90,000. Based on the provided images, the property appears to be in need of some modernisation and repairs. The interior shows dated decor and some areas requiring attention, such as the bathroom and the conservatory roof. The flooring and walls in several rooms need updating. While the kitchen appears to have recently been fitted, the overall condition suggests a need for further investment. The property benefits from a small rear garden, which is a positive feature. However, the condition of the conservatory roof and the general state of the garden indicate it could require significant work. Considering the average house price in the area is £170,385 and the average price per square foot is £140, the list price of £90,000 for this property seems relatively low. However, the need for renovations and the lack of information regarding the property’s square footage makes a definitive statement on value difficult. Nearby comparable properties on Morgan Street range in price from £43,000 to £103,000, suggesting that the £90,000 asking price falls within the range of recently sold properties in the immediate vicinity. The lack of sqft data for the subject property and nearby comparables makes a precise price per sqft analysis impossible. The presence of nearby properties requiring significant renovation work may influence the lower pricing. The location in Blaenavon offers proximity to some amenities, however, the provided data does not give sufficient information to fully assess the quality of the location. The distance to nearby schools and transportation links is noted, but the quality of those schools and the frequency of transport remain unknown.

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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