Hyman Hill says ..

Property Oracle says ..

The property is located in Southwick, West Sussex, a town with a mix of housing stock. The area benefits from relatively easy access to the coast and has a railway station providing links to Brighton and other parts of the country. The proximity to Eastbrook Primary Academy, an outstanding-rated school, is a positive factor for families. However, the average house price in the area is significantly higher than the listing price of this property, suggesting it might be undervalued or that there are factors affecting its desirability.

The property itself is a three-bedroom terraced house with a small garden and a garage. Based on the images, the property is in need of significant modernisation and renovation. The décor is dated, carpets are worn, and there is evidence of general wear and tear throughout. This will require a considerable investment from a buyer. The plot size is relatively small compared to the average for the area.

Given the condition of the property, the relatively small plot size, and the lower price compared to the average house price in the area, the list price of £300,000 could be considered reasonable for a buyer willing to undertake a full renovation. However, the extensive work needed should be factored into any offer. The lack of sqft information for comparable properties makes a precise price per sqft comparison difficult.

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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