Berkshires says ..

Property Oracle says ..

Ascot is a desirable location in Berkshire, known for its prestigious golf course and proximity to Windsor. The property’s location on Fernbank Road places it relatively close to Ascot town centre, offering convenient access to local amenities. However, the average house price in the area is significantly higher than the list price of this property, suggesting a potential discrepancy. The presence of several schools within a reasonable distance is a positive factor for families. The nearby railway station provides good transport links to London and other parts of the country.

Based on the images provided, the property appears to be in need of significant renovation. The interior shows signs of wear and tear, with damaged flooring, and a generally unclean state. The kitchen is dated and requires updating. This condition significantly impacts the property’s overall value and requires substantial investment.

The property includes a small garden, which is a positive aspect, although it appears to be somewhat unkempt and requires attention. The size of the garden is not specified, making it difficult to assess its overall value.

Given the property’s condition, the list price of £350,000 appears relatively low compared to the average house price in Ascot (£885,538). However, the significant renovation needed must be considered. The lack of information regarding the property’s square footage makes a precise price per square foot comparison impossible, hindering a more definitive assessment of value. The nearby properties show a range of prices, some significantly higher and some lower than the list price, indicating some price variation in the area. Considering the substantial renovation required, the price may be reasonable for a buyer willing to undertake the refurbishment.

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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