Yopa says ..

Property Oracle says ..

This three-bedroom terraced house in Sheerness, Kent is listed at £180,000. The property is in need of significant renovation, as evidenced by the numerous images showing damaged walls, ceilings, and fixtures. The kitchen and bathrooms are particularly dated and require complete modernisation. While the location is close to transportation links and schools, the overall condition significantly impacts the value. The lack of plot size is also a factor to consider. Compared to nearby properties, the price seems slightly above average, considering the extensive work needed. The average price in the area is £202,431, and the average price per sqft is £245. This property, at 959 sqft, would be expected to be priced around £235,000 based on the average price per sqft if it were in good condition. However, given its condition, the asking price is arguably high, though still within the range of similar properties in the area. Further investigation into comparable recently renovated properties in the area would be beneficial to assess the potential return on investment after renovations.

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

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