Miller Countrywide says ..

Property Oracle says ..

The property is located in St Ives, Cornwall, a desirable location in the South West of England. The area benefits from being close to several highly-rated schools, including St Ives Junior School (Outstanding Ofsted rating) and St Ives Infant School (Good Ofsted rating), both within a short distance of the property. The proximity to St Ives (Cornwall) train station provides convenient access to other parts of the country. St Ives itself is a popular tourist destination, known for its beaches and artistic community, which could positively impact rental income or resale value. However, the limited plot size of 0.00 sqft is a significant drawback, impacting the overall desirability and potential for outdoor space.

Based on the provided images, the property is currently undergoing significant renovations or an extension. The visible construction work suggests the property is not in a habitable condition, and a completion date is unknown. This significantly impacts the condition score, as the final quality and finish of the work are yet to be determined. The current state of the property is far from move-in ready.

The list price of £350,000 is considerably lower than the average house price in the area (£468,178). However, given the ongoing construction and the unknown final state of the property, it is difficult to definitively assess whether this price reflects the property’s eventual value. The average price per square foot in the area is £235.00. However, without the completed square footage of the property post-renovation, a precise price-per-square-foot comparison cannot be made. The current unfinished state of the property makes a definitive price assessment challenging. The lack of plot size further complicates the valuation, as land value in St Ives is likely a significant factor in overall property price.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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