Park & Bailey says ..

Property Oracle says ..

This three-bedroom detached bungalow in Caterham, Surrey, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location is a clear strength, given its proximity to Caterham station and a selection of well-regarded schools. The generous garden also offers significant appeal. However, the bungalow is in definite need of substantial refurbishment. The images depict outdated fixtures, fittings, and several areas of minor wear and tear, indicating that a buyer should budget for a significant renovation project. While the listed price of £700,000 sits within the range of similar properties in the area, the required refurbishment could impact the overall value proposition, and a thorough survey would be crucial before making an offer. This property is ideal for buyers seeking a renovation project with potential to add value in a convenient location. Buyers should carefully weigh the cost of renovation against the potential returns and the desirability of the location to make an informed decision. Further investigation into the precise plot size and a professional valuation would be recommended to assess the full financial implications of the purchase and potential for extension.

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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