Bairstow Eves says ..

Property Oracle says ..

This three-bedroom semi-detached house in Cannock, Staffordshire is listed at £190,000. The property benefits from a quiet location and is within reasonable proximity to local amenities, schools (including Cardinal Griffin Catholic College and Sherbrook Primary School, both rated ‘Good’ by Ofsted), and transport links (Cannock train station is approximately 2.27km away). The property includes a garden. However, the interior photos reveal that the property is in need of significant renovation and modernisation. The flooring requires complete replacement throughout, and some walls show signs of damage. While the kitchen appears to have recently been updated, the overall condition of the house significantly detracts from its value. Considering the average house price in the area is significantly higher (£571,872), and the average price per sqft is £367, the listed price of £190,000 may initially seem attractive. However, given the extensive renovation work needed, the actual cost of acquiring and making the property habitable will likely exceed the asking price. Therefore, while the location and inclusion of a garden are positive aspects, the poor condition of the property significantly impacts its overall value.

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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