Peter Mulcahy says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Commercial Street in Ystrad Mynach, Caerphilly. The list price is £159,950. The property appears to be in reasonable condition. While the interior decor is dated and may not appeal to all buyers, the structure seems sound and there is no obvious evidence of significant repairs needed. The kitchen and bathroom are functional but could benefit from some modernisation. The flooring throughout looks to be in good condition. The property does not appear to have a substantial garden or outdoor space, as indicated by the plot size of 0.00 sqft. This is a common feature of terraced houses in this area. Considering the average price per sqft in the area is £228, and this property is 925.58 sqft, a rough estimate of the expected price would be around £210,762. The list price of £159,950 is significantly lower than this estimate. However, it’s crucial to note that the average price and sqft data may not accurately reflect the value of this specific property due to its condition and lack of outdoor space. The lower price may reflect the need for some modernisation and the lack of a garden. Several nearby terraced properties on Commercial Street have sold for prices between £90,000 and £100,000, suggesting the list price may still be on the higher end for a property in this condition and size in this location. The location is positive. The property is within walking distance of several schools and is conveniently located near Ystrad Mynach train station, providing easy access to public transportation.

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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