McCartneys LLP says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located in Newtown, Powys, Wales. It is listed at £145,000 and has a floor area of 1,048.84 sqft. The property benefits from a small rear garden. The location is reasonably convenient, with a train station (Newtown (Powys)) within 0.20km and several schools within a 1km radius. However, the provided data does not offer details on the quality of these schools or the overall desirability of the area beyond proximity to amenities. More information is needed to accurately assess the location score. Based on the provided images, the property appears to be in generally fair condition, although it is in need of some modernisation and updating. The flooring shows significant wear and tear and the property would benefit from redecoration throughout. A more detailed inspection would be necessary to assess the condition of the structure, plumbing, and electrics. The current state of the property suggests it could require a significant amount of work to bring it to a modern standard. The plot size is small, offering only a limited amount of outdoor space. While there is a small paved garden area, it lacks the size and features that would typically be associated with a high land score. Considering the list price of £145,000, the average house price in the area is significantly higher at £342,050. The average price per sqft is £272.00, while the property’s price per sqft is considerably lower. However, the lack of sqft data for comparable properties makes it difficult to draw a definitive conclusion on the price. The property’s condition and relatively small plot size likely contribute to its lower price compared to the area average. A comprehensive valuation taking into account the property’s condition and the local market would be necessary to determine a fair market value and assess the price score.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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