Clifford Dann says ..

Property Oracle says ..

The property is located in Lewes, East Sussex, a historic market town with a desirable location. Lewes benefits from good transport links via the railway station, which is approximately 1.93km from the property. Several primary schools are within a reasonable distance, including Wallands Community Primary and Nursery School (0.52km) and St Pancras Catholic Primary School (0.92km). The presence of these amenities contributes positively to the location score. The property itself appears to be in need of significant renovation. The interior photographs reveal worn carpets, damaged walls, and outdated fixtures and fittings. The kitchen and bathroom are particularly dated and require modernisation. The garden, while present, is overgrown and unkempt, suggesting a lack of recent maintenance. This overall condition necessitates extensive work, impacting the condition score negatively. The property includes a garden of approximately 760.03 sqft, providing outdoor space. While the garden’s current state is not ideal, its presence still contributes positively to the land score. Considering the list price of £325,000, the average house price in the area is significantly higher (£868,846), and the average price per sqft is £603. However, the property’s condition and the need for extensive renovation must be factored in. The nearby comparable properties on Horsfield Road range from £159,000 to £339,950, indicating a degree of variability in pricing within the immediate vicinity. Given the property’s condition and the need for substantial renovation, the list price may represent reasonable value for money for a buyer willing to undertake the necessary improvements. The price per sqft data is not available for this property, making a definitive statement on value difficult.

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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