West Coast Properties says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom detached house located on Adam Street in Burnham-on-Sea, Somerset. It’s situated in Burnham Central, a convenient location with nearby schools like St Andrew’s Church of England Voluntary Controlled Junior School (0.30 KM) and Burnham-On-Sea Community Infant School (1.35 KM), both with good Ofsted ratings. The Highbridge And Burnham train station is also within reasonable distance (3.37 KM). This proximity to amenities and transport links makes the location quite desirable.

The property itself appears to be in reasonable condition. While the photos show a lived-in space, there are no immediately apparent major issues requiring extensive renovation. However, a more thorough in-person inspection would be needed to assess the property’s overall structural condition and any potential hidden problems. The small plot size is a notable factor. The lack of significant garden space is a drawback for many buyers, especially those seeking outdoor space.

Considering the list price of £150,000, the average price in the area (£283,190) and average price per sqft (£293), this property seems significantly underpriced. However, the smaller size (319.15 sqft) and lack of land significantly impact its value. Nearby comparable properties show a wide range of prices, suggesting a degree of variability in the local market. The underpricing could be attributed to the small size and plot, or it could indicate a potentially good investment opportunity. Further investigation into the specific reasons for the low price is recommended.

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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