Spencers Of The New Forest says ..

Property Oracle says ..

This terraced bungalow in Pennington, New Forest is listed at £325,000. The property has two bedrooms and one bathroom, and its size is 114.60 sqft on a 538.00 sqft plot. Pennington benefits from good local schools such as Pennington Infant School (rated ‘Good’ by Ofsted) and Priestlands School (also rated ‘Good’), both within a short distance of the property. Lymington town centre and railway station are approximately 3km away, providing convenient access to transport links. The property itself appears to be in generally good condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathroom show signs of age, but are functional. The presence of a garden adds to the property’s desirability.

Considering the average house price in the area is £493,633 and the average price per sqft is £451, the listed price of £325,000 for this 114.60 sqft property appears relatively low. However, this needs to be considered in the context of the property’s age and condition, and the fact it is a terraced bungalow, which may command a lower price compared to other property types in the area. Nearby comparable properties on Little Dene Copse are listed at similar prices, suggesting the listing price is reasonable, though perhaps slightly below market value given the average price per sqft in the area.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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