Connells says ..

Property Oracle says ..

This property at Lower Howsell Road, Malvern, is a one-bedroom, one-bathroom ground floor flat listed for £100,000. The property is within walking distance of Malvern Link train station and several schools, making it potentially attractive to commuters and families. However, a significant amount of refurbishment is required to bring the property up to a modern standard. The interior photos reveal an empty interior with outdated fixtures and fittings, bare floorboards, and incomplete renovation work in some areas. The external condition of the property is not as bad as the interior, appearing reasonably well maintained from the exterior photos. The small garden provides a degree of outdoor space, a positive addition. While the price may seem attractive, the substantial cost of necessary repairs and renovations must be factored into any potential purchase. The property may be suitable for cash buyers who are comfortable undertaking extensive renovation projects or investors planning a significant refurbishment before rental. The short lease mentioned in a similar nearby property listing is a significant factor to consider, as it might limit financing options and resale value in the future. Overall, it’s vital for potential buyers to have a thorough professional survey to assess the full extent of renovation needed. The lack of square footage details for nearby properties makes precise comparable market analysis difficult.

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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