Crisp Cowley (Bath) Ltd says ..

Property Oracle says ..

This three-bedroom, three-bathroom flat located at 11 Springfield Place in Lansdown, Bath is a property with significant potential. The location in Lansdown is undoubtedly its strongest asset, with its reputation for quality housing and close proximity to Bath Spa station and a cluster of highly-rated schools (Royal High School GDST, St Stephen’s Church School, and St. Andrew’s Church School all are within a kilometre). This makes the property attractive to families.

However, the property’s interior needs significant updating. The decor is dated, and the images show carpets and wallpaper requiring replacement, and the kitchen and bathrooms appear to require modernization. While this presents a considerable cost to a buyer, it also presents an opportunity to increase the property value by improving it to current standards. The garden is present, but requires maintenance and landscaping to be considered a valuable feature.

The lack of plot size information provided in the listing makes a precise assessment of land size impossible. Similarly, the absence of square footage data for comparable properties hinders an accurate comparative market analysis of the list price. While the list price is £650,000, a thorough survey and potential costs of renovations must be factored in to determine if the property represents good value. The final value will largely depend on the extent of the work required and the buyer’s ability to increase the property value after refurbishment. Overall, this is a property that, after renovation, could offer good returns, particularly given its excellent location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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