Monopoly Buy Sell Rent says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located on Marine Road in Barmouth, Gwynedd, Wales. The list price is £35,000, and the property has a total area of 288.25 sqft and a plot size of 484 sqft. The property’s location in Barmouth offers proximity to the coast and the Barmouth railway station, which is approximately 0.18km away, providing convenient access to public transportation. The nearby Ysgol Y Traeth primary school is only 0.36km away. However, the provided data does not offer insights into the quality of local amenities or the overall desirability of the area beyond its coastal location and transport links. Based on the provided images, the property appears to be in need of significant renovation. Walls show signs of damp and damage, and the fixtures and fittings are outdated and in poor condition. The overall impression is one of neglect and disrepair. The small plot size offers limited outdoor space. Considering the average price per sqft in the area is £347, a 288.25 sqft property might be expected to cost around £99,766. However, the actual list price is significantly lower at £35,000. This substantial difference is likely due to the property’s condition. While the low price may seem attractive, potential buyers must factor in the considerable costs associated with renovating the property to a habitable standard. The property’s condition significantly impacts its value and makes the low list price more understandable.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images