Morgan & Davies says ..

Property Oracle says ..

Aberaeron is a popular coastal town in Ceredigion, West Wales. The property is located on South Road, which appears to be a residential area with a mix of property types. The proximity to Ysgol Gyfun Aberaeron (0.26km) and Ysgol Gynradd Aberaeron (0.79km) is a positive factor for families. However, without further information on the quality of local schools and transport links, a definitive assessment of location is challenging. The property itself is a bungalow in need of modernisation and updating. The interior features dated decor, carpets, and fixtures. Several rooms show signs of wear and tear, suggesting a need for renovation work. The exterior, while showing a garden, also appears to require some landscaping and maintenance. The overall condition of the property is not excellent; it requires significant investment to bring it up to a modern standard. The property includes a garden, which is a desirable feature. The images show a garden of reasonable size with mature shrubs and trees, and a shed. However, the garden also looks somewhat overgrown and could benefit from some attention. The list price is £320,000. The average house price in Aberaeron is significantly higher at £512,717, and the average price per square foot is £409. However, the absence of square footage for the subject property prevents a direct comparison of price per square foot. Considering the condition of the property and the need for renovations, the list price might be considered reasonable compared to the average house price in the area. However, a more precise evaluation requires the property’s square footage. The nearby comparable properties show a wide range of prices, suggesting some variability in the market. Some properties on South Road have sold for less, while others have sold for more than the list price. This variability makes a definitive price assessment challenging without the property’s square footage.

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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