Hunters says ..

Property Oracle says ..

This three-bedroom property on North Street, Southville, Bristol, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location in Southville is a significant positive. Southville is a sought-after area in Bristol, known for its vibrant community, independent businesses, and relatively good transport links to the city centre and beyond. The proximity to several schools, including Southville Primary School, is another advantage for families.

However, the property’s condition is a major factor to consider. The photographs clearly show that the property is in need of significant modernisation and renovation. The dated kitchen and bathroom, worn flooring, and general wear and tear suggest substantial costs will be involved in bringing the property up to a modern standard. The small garden is a relatively minor feature and unlikely to be a major selling point for most buyers.

The list price of £265,000 requires careful consideration. While Southville properties generally command high prices, the extensive renovation work needed will significantly impact the overall cost of ownership. A buyer should factor in a substantial budget for renovations before making an offer. Therefore, a thorough survey and a realistic assessment of renovation costs are crucial before proceeding with a purchase. The property is likely to appeal to buyers who are comfortable undertaking a renovation project and are willing to invest time and money to bring it up to their desired standards. The lack of plot size information prevents a full analysis of the value proposition, but the price seems competitive given the need for renovation and location.

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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