Purplebricks says ..

Property Oracle says ..

The property is a 6-bedroom, 2-bathroom terraced house located in Basildon, Essex. It has a plot size of 1,215.25 sqft and is listed at £340,000. The location is reasonably convenient, with several primary schools within a kilometer radius, all rated ‘Good’ by Ofsted. The proximity to the c2c railway line at Basildon station provides good transport links. However, the immediate surrounding area appears to have a mix of property types and prices, suggesting some variability in desirability. Further investigation into the specific neighborhood characteristics would be beneficial. Based on the provided images, the property is in need of significant modernisation and repair. The walls show signs of wear and tear, and the decor is outdated. The kitchen and bathrooms, in particular, appear to require updating. The garden is present but unkempt. The property has a larger than average plot size compared to the average for the area. Considering the average price per sqft in the area is £320, and the property is 1023.43 sqft, a reasonable estimate would be around £327,500. However, the property’s condition significantly impacts its value. The £340,000 asking price is slightly higher than the estimated value but considering the number of bedrooms and the plot size, it may not be unreasonable, provided the necessary renovations are factored into the purchase price. A thorough survey would be necessary to determine the true cost of repairs and renovations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images