Radcliffe & Rust Estate Agents says ..

Property Oracle says ..

The property located on Springfield Road, Cambridge, is a three-bedroom terraced house listed at £525,000. The property’s size is 797.61 sqft, and it sits on a plot of 0.00 sqft. This suggests a small or non-existent garden. Considering the provided images, the property appears to be in need of significant modernisation and updating. The interior shows dated decor, worn fixtures, and requires a full refurbishment to meet modern standards. The kitchen and bathroom are particularly in need of updating. The location in West Chesterton, Cambridge, benefits from proximity to several schools, including Milton Road Primary School (Good Ofsted rating) and Chesterton Community College (Outstanding Ofsted rating). Transportation links are also relatively close, with Cambridge railway station approximately 2.64 km away. However, the lack of plot size is a significant drawback, especially compared to other properties in the area. Compared to nearby properties, the list price of £525,000 seems slightly below average considering the average price of similar properties in the area is £626,739. However, the condition of the property significantly impacts its value. The need for extensive renovation works must be factored into any price assessment. The average price per sqft in the area is £610, while this property is listed at a lower price per sqft. This could be due to the property’s condition and lack of outdoor space. Based on the provided information, the property presents a mixed picture. While the location and proximity to amenities are positive, the condition of the property and lack of land are significant drawbacks. The price may reflect the need for renovation, but a comprehensive survey is recommended before purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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