Sawyer & Co says ..

Property Oracle says ..

The property located on Shirley Street, Hove is a 2-bedroom, 1-bathroom terraced house with a total area of 546.90 sqft and a plot size of 883.00 sqft. The list price is £475,000. The property is situated in the Goldsmid locality of Brighton and Hove, East Sussex. Its proximity to Hove train station (0.38 KM) provides convenient access to public transportation. Several primary schools with good Ofsted ratings are within a reasonable distance, including St Andrew’s Cofe (Aided) Primary School (0.31 KM) and Drive Preparatory School (0.79 KM). This suggests a family-friendly location. Based on the provided images, the property is in need of significant renovation. The interior features outdated fixtures, damaged wallpaper, and worn carpets. The garden also appears neglected and requires considerable work. The overall condition of the property significantly impacts its value and requires substantial investment to bring it up to a modern standard. The presence of a garden, albeit in need of attention, is a positive aspect. Considering the average house price in the area (£473,686) and the average price per sqft (£535), the list price of £475,000 for this property appears reasonable, particularly given its location and the potential value increase after renovation. However, the condition of the property significantly offsets this. The property requires extensive renovation, which will add significant costs to the overall investment. The relatively small size of the property compared to the average in the area may also affect its perceived value. A full survey and professional valuation are recommended before 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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