Gates Parish & Co says ..

Property Oracle says ..

This two-bedroom flat in Upminster, located on Carlton Close, presents a mixed bag of opportunities and challenges for potential buyers. The property benefits from a highly convenient location, close to Upminster town centre, excellent schools (including the outstanding Sacred Heart of Mary Girls’ School), and superb transport connections to central London via the c2c and District lines. The proximity to amenities further enhances the appeal of the location.

However, the property’s condition is a primary concern. While some areas, such as the kitchen, appear recently fitted or updated, the images clearly show several rooms are in need of significant redecoration and renovation. The walls in various rooms exhibit noticeable wear and tear, and the overall aesthetic suggests a considerable amount of work is needed to bring the property up to a modern standard. The images also show incomplete work in the bathroom, adding further to this concern.

The land available is limited to a small, shared garden space, which may not appeal to all buyers seeking extensive outdoor areas.

In terms of pricing, the listing price appears reasonable, considering the range of similar properties in the area. It is important to note that other properties in this development have recently sold for both more and less than the asking price. The balance between a highly convenient location and the significant renovations needed is key in assessing this property’s overall value. Potential buyers should budget for substantial refurbishment costs when making their offer. Overall, this property represents a project, where the excellent location is the major advantage, but the considerable renovation needed must be factored into the decision-making process.

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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