Nicholas Michael Powered by Peter Morgan says ..

Property Oracle says ..

The property is a detached house listed at £130,000. The location benefits from being close to Llanharan train station (0.22km), offering convenient access to public transportation. Several primary schools are also within a reasonable distance, including Llanharan Primary School (0.65km) and Dolau Primary (1.60km). This makes it potentially attractive to families. However, the images reveal that the property is in significant need of renovation. Many rooms show extensive damage, exposed wiring, and require complete refurbishment. The kitchen and bathroom, while partially updated in some areas, also exhibit signs of disrepair and require considerable work. This significantly impacts the overall condition of the property. Information regarding land size is unavailable, preventing a comprehensive assessment of this aspect. The lack of plot size information makes it difficult to comment on the amount of land available. Considering the list price of £130,000, and comparing it to the average house price of £271,495 in the area, this property appears significantly underpriced. However, the extensive renovations needed must be factored in. Nearby properties on Bridgend Road have sold for prices ranging from £80,000 to £187,000, suggesting some degree of price consistency within the street, although the condition of those properties is unknown. The average price per sqft in the area is £329, but without the sqft of this property it is impossible to make a comparison. Therefore, while the list price is low compared to the average for the area, the substantial renovation costs could potentially balance out the initial low purchase price. In summary, this property presents a unique opportunity for a buyer willing to undertake a major renovation project. The low list price and convenient location are attractive features, but the significant condition issues must be carefully considered.

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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