Goadsby says ..

Property Oracle says ..

This one-bedroom flat in Winchester, Hampshire, is listed at £125,000. The property is located in St Bartholomew, near Worthy Road, offering relative proximity to Winchester train station and several highly-rated schools. However, the property is presented in a poor state of repair, with visible signs of damp and general disrepair throughout. The internal photographs reveal the need for extensive modernisation and renovation to bring it up to a habitable standard. While the location is a positive aspect, the condition significantly detracts from the overall value proposition. The lack of land and the minimal plot size are also limitations. While the price might seem appealing initially, potential buyers must factor in the substantial costs of renovation and repair that will be necessary before the property becomes habitable. The absence of detailed information on the size of comparable properties in the immediate vicinity makes a definitive assessment of the price per square foot difficult. Potential buyers should conduct thorough due diligence and obtain professional surveys to accurately assess the extent and cost of the necessary repairs before proceeding with a 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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