Allan Morris Worcester says ..

Property Oracle says ..

This property located on Henwick Road, Worcester, presents a unique opportunity, but one that requires significant consideration. The four-bedroom, Grade II listed building offers substantial potential, however, it’s currently in a state of considerable disrepair. The photos reveal significant damage including damp patches, cracked walls, and worn-out interiors. The property requires a complete renovation, which would substantially increase the overall cost of ownership. The fact it is listed as ‘Cash Buyers Only’ further supports the property’s condition. The location is positive; being in proximity to schools and transport links. There is also a reasonably sized garden, although it needs considerable landscaping. While the list price of £200,000 might seem high given the current condition, it is likely reflective of the potential value after a full refurbishment, with similar properties selling in the £200,000-£265,000 range. However, potential buyers must factor in substantial renovation costs before making a decision. This is a property best suited for experienced renovators or investors with a clear vision and the financial resources to undertake a complete overhaul. Further investigation into the extent of necessary repairs and potential planning constraints would be crucial before committing to a purchase.

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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