Lextons Auctions says ..

Property Oracle says ..

This property at Adelaide Road, Chichester, presents a unique opportunity for buyers with renovation expertise or developers. The current state of the property, as showcased in the included photographs, reveals a substantial need for complete renovation or rebuilding. The interior is significantly damaged, with noticeable issues including deteriorated walls, ceilings, flooring, and fixtures. The external appearance is also indicative of neglect and substantial disrepair. The property has some positives, including a location in Chichester with proximity to amenities, transport links and schools. The presence of a garden, although modest and currently overgrown, provides some outdoor space. However, these advantages are heavily offset by the required extensive work and the associated costs. The asking price of £200,000 needs to be viewed in light of this extensive and necessary renovation. Therefore, the value proposition will predominantly appeal to buyers or developers who can effectively assess the cost of the complete overhaul and see the potential return once the work is undertaken. Prospective purchasers need to approach this acquisition as a development project rather than a move-in-ready residence.

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

Images