Brian Harkins says ..

Property Oracle says ..

The property is a 2 bedroom detached bungalow situated on Park Terrace, Gourock, Inverclyde. It’s located in a desirable area with easy access to Gourock train station (0.76km), providing convenient links to Glasgow and beyond. While nearby schools aren’t explicitly listed, Gourock is generally well-served by schools, and further investigation would be needed to confirm proximity to specific schools.

The bungalow itself appears to be in good condition, with well-maintained interiors and a modern kitchen. The property benefits from a garden with a shed, adding to its appeal. The interior is presented in a traditional style, suggesting it has had some modernisation while retaining some original character.

Considering the list price of £280,000, the average price in the area is £147,083, and the average price per sqft is £165. This property, at 930 sqft, would be expected to sell for approximately £153,450 based on the average price per sqft. However, the provided nearby listings show a higher price range, with a detached property on Park Terrace listed at £370,000. This suggests that the list price of £280,000 could represent reasonable value, particularly considering the property’s condition and the desirable location. Further analysis of comparable properties in the immediate vicinity would be needed to confirm this.

The property’s location score would be high due to its proximity to transport links and the general desirability of Gourock. The condition score would also be high, as the property appears well-maintained and updated. The land score is moderate, as it has a garden but the plot size is relatively small. The price score is moderate to high, given the apparent value compared to the average price in the area and comparable listings, although further analysis would be needed to definitively determine its value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images