The Good Estate Agent says ..

Property Oracle says ..

This two-bedroom mid-terraced cottage located on Smarts Lane in Loughton, Essex, presents a mixed bag of opportunities and challenges. The property’s location within a seemingly quiet residential area close to Epping Forest and local schools is a major plus. The proximity to Loughton’s amenities and transport links (though distances are not given in sufficient detail) further boosts its desirability. However, the interior images reveal a property in need of significant renovation. Dated decor, worn carpets, and noticeable wall imperfections suggest extensive refurbishment will be required before the house is habitable and improved significantly. The small rear garden provides some outdoor space, but its size is limited. The listing price of £475,000 seems to fall within the market range for the area based on comparable properties; but considering the renovation needed, it might be argued that it’s on the higher side, as there are many more affordable properties on Smarts lane. A full survey and property valuation by a qualified surveyor would be strongly recommended to a potential buyer to gain a clearer picture of the required works and overall value, before making a purchase decision. Overall, this property could become a charming home with sufficient investment, making it an attractive option for buyers willing to undertake a renovation project. However, it’s crucial to budget adequately for modernization before proceeding.

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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