Number One Real Estate says ..

Property Oracle says ..

This property on High Street, Newbridge, presents a mixed investment opportunity. The building itself, appearing to be a former commercial property, needs extensive renovation throughout. While the ground floor shows some habitable spaces with a living room and bathroom that appear in reasonable condition. However, other areas including the basement and what seems to be a former bar/restaurant area exhibit significant wear and tear and require substantial work. The location is favorable, being in the town centre with easy access to transport via Newbridge Train Station, and relatively close to schools. However, the complete lack of outdoor space is a significant drawback. The listed price of £180,000 reflects the central location but the extensive refurbishment costs will likely negate this, unless the commercial potential of converting the premises can be successfully leveraged. A thorough survey of the building’s structure and services is vital before purchasing to assess the full extent of the renovation required and to determine the true cost. A potential buyer must weigh the financial commitment needed for modernization and conversion against the possible returns, taking into account the current market conditions in Newbridge and the viability of the planned use.

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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