Blackbear Property says ..

Property Oracle says ..

The property is a detached bungalow situated in Simpson Cross, Pembrokeshire, Wales. It boasts a sizeable plot of 2,140.08 sqft and a substantial living area of 2,107.57 sqft. The images reveal a property that requires modernisation and renovation. The kitchen and bathrooms, in particular, appear dated and in need of updating. The flooring throughout also shows signs of wear and tear. The presence of a garden is evident from the provided photographs. It appears to be of a reasonable size, offering outdoor space. Considering the average house price in the area is £290,250, and the average price per sqft is £288, this property’s asking price of £400,000 is significantly higher. While the property is larger than average (2,107.57 sqft compared to the average of 1,005 sqft), the need for extensive renovations must be factored into the valuation. Nearby comparable properties on Courtfield Drive are priced between £329,000 and £375,100, suggesting that the list price might be somewhat inflated, especially given its condition. However, the larger plot size and the potential for a high-quality renovation could justify a higher price per sqft. The location appears to be in a relatively quiet residential area with open fields nearby, offering a tranquil setting. The proximity to schools, while not immediately close, is within a reasonable driving distance. The property’s condition is a significant factor influencing its overall value. The images clearly indicate that the property is in need of renovation. The dated kitchen and bathrooms, worn flooring, and overall appearance suggest a substantial investment would be required to bring it up to modern standards. The presence of a garden is a positive aspect, adding to the property’s appeal and potential value.

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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