Dafydd Hardy says ..

Property Oracle says ..

The property is a 2-bedroom end of terrace house located in Penmaenmawr, Conwy, with a list price of £100,000. The property has a small garden. The average house price in the area is significantly higher at £208,063, and the average price per square foot is £192. This property is considerably smaller than average at 518 sqft.

The images reveal that the property is in need of significant renovation. The interior shows wear and tear, outdated fixtures, and requires modernisation throughout. The carpet is stained and the walls are marked.

The location is close to the coast and benefits from relatively close proximity to local schools and train stations. However, more information on the quality of the schools is needed to make a conclusive statement on the desirability of the location.

Given the property’s condition, the small size, and the need for extensive renovations, the list price of £100,000 may appear reasonable compared to other properties in the area that require less work. However, the buyer should factor in the substantial costs associated with the required renovations. The small plot size is also a factor to consider.

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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