Castles says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Bourne End Lane, Hemel Hempstead, Hertfordshire. The list price is £350,000. The property appears to be in need of some modernisation. The kitchen and bathroom are dated and could benefit from an update. While the flooring and walls appear to be in good condition, the overall aesthetic suggests a need for refurbishment to enhance its appeal and market value. The presence of a fireplace is a positive feature. The plot size is listed as 0.00 sqft, indicating a lack of significant garden space. This is a drawback, especially considering the average size of properties in the area. The location is reasonably good, with several schools within a 3km radius and train stations within a 7km radius. However, the average house price in the area is significantly higher (£919,402), suggesting this property might be in a less desirable part of the area or that the property itself is affecting the value. The average price per sqft in the area is £546, while this property is listed at a significantly lower price per sqft. Considering the condition, lack of land, and the significant difference between the list price and the average price in the area, the price of £350,000 may seem reasonable for a property requiring modernisation, but further investigation into the specific location and any potential issues is recommended. The lower price per sqft compared to the area average might reflect the need for modernisation.

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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