Axiom Real Estate Brokers says ..

Property Oracle says ..

The property is located on Eglos Road in Shortlanesend, Cornwall. The area benefits from a nearby primary school, Shortlanesend School, which has a ‘Good’ Ofsted rating, and is within a reasonable distance of other schools in Truro. Transportation links are available via the Great Western Railway at Truro, approximately 3.29km away. While the average house price in the area is significantly higher at £468,178, this property is listed at £160,000. The discrepancy may be explained by factors such as the property’s condition and size. The images reveal that the property is in need of significant renovation. Walls are stripped, floors are bare, and the bathroom requires complete refurbishment. This suggests a low condition score. The property includes a rear patio and garden area, although the garden appears somewhat unkempt. Given the significant renovation required, the low average price per square foot in the area (£235), and the list price of £160,000, the price may appear reasonable for a buyer intending to undertake a full refurbishment. However, the lack of square footage data prevents a definitive assessment of price per square foot for this specific property, making a conclusive judgment on value difficult. The property’s condition significantly impacts its current market value. The property requires extensive renovation, impacting the overall condition. The presence of a garden, albeit needing attention, is a positive feature. The price, while significantly lower than the area average, is justifiable considering the necessary renovation work. Therefore, the property presents an opportunity for a buyer willing to invest time and resources in a full refurbishment.

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