Reeds Rains says ..

Property Oracle says ..

The property located on Horn Street in Hythe, Kent is a 3-bedroom bungalow with 1 bathroom, listed at £325,000. The property has a plot size of 948.30 sqft and a total area of 828.30 sqft. The property benefits from being close to Folkestone St Martin’s Church of England Primary School (Outstanding Ofsted rating), located just 0.36km away. Other nearby schools include Cheriton Primary School (Good Ofsted rating) and Seabrook Church of England Primary School (Outstanding Ofsted rating). Several Southeastern train stations are within reasonable commuting distance, including Folkestone West (3.36km). Based on the images provided, the property appears to be in need of some renovation. The garden is overgrown and requires attention, and the interior shows signs of wear and tear. The kitchen and bathroom, in particular, appear dated and could benefit from modernisation. The property includes a detached garage. While the list price of £325,000 is lower than the average house price in the area (£498,567), it’s important to consider the condition of the property. The average price per sqft in the area is £393, while this property’s price per sqft is significantly lower. This suggests that the list price may reflect the need for renovation. However, nearby comparable properties on Horn Street have sold for between £151,950 and £275,000, which are significantly lower than the list price. This disparity requires further investigation to determine the accuracy of the list price. Considering the need for renovation, the condition of the property, and the location, the overall value proposition needs further assessment to determine the reasonableness of the list price. A professional valuation would be recommended.

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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