ParaBar Estates says ..

Property Oracle says ..

The property is a semi-detached bungalow located in Kings Crescent, Basildon, Essex. It has two bedrooms, one bathroom, and a total area of 700 sqft. The asking price is £390,000. The property includes a garden, as shown in the provided images. The images also reveal that the property is in reasonable condition, although some modernisation may be desirable. The kitchen and bathrooms appear dated but functional. The property benefits from a garage and a conservatory. The average house price in the area is significantly higher at £631,514, with an average price per sqft of £535. However, the average size is 1180 sqft which is considerably larger than the property in question. Considering the smaller size and the need for some modernisation, the asking price of £390,000 may seem slightly high compared to other similar properties in the area, although not excessively so. Nearby comparable properties range in price from £350,000 to £525,000, but lack the detail to make a precise comparison. The location benefits from relatively close proximity to several schools with good Ofsted ratings and several train stations providing access to London. This positive aspect contributes to the overall value of the property. In summary, the property presents a reasonable opportunity for a buyer seeking a bungalow in a convenient location. However, potential buyers should factor in the potential costs of modernisation to bring the property up to current standards.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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