Redwood & Sons says ..

Property Oracle says ..

This property in Hunston, Chichester, presents a complex case. Situated on Cherry Tree Close, it benefits from a desirable village location near Chichester with good schools and relatively easy access to transport links such as Chichester train station (2.32km away). However, the property itself is in a poor state of repair. Aerial photographs reveal a significant need for both interior and exterior renovations, including extensive landscaping of the garden, which appears overgrown and neglected. The absence of precise plot size information, coupled with the condition issues, makes an accurate valuation challenging. While the average house price on Cherry Tree Close is high (810,000 GBP), this property’s condition significantly impacts its market value. Potential buyers should factor in substantial renovation costs. The current list price of 925,000 GBP may be high considering the significant work required. A thorough survey and professional valuation are strongly recommended before making any offers. Potential buyers should consider whether the cost of renovations will be offset by any potential increase in value following the works, comparing this to the cost of purchasing a property in better condition.

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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