Hollis Morgan Auctions says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Stoke Bishop, Bristol, with a list price of £135,000. The property has a total area of 731.52 square feet and benefits from a garden.

Considering the location, Stoke Bishop is a desirable area of Bristol, known for its family-friendly atmosphere and proximity to good schools and transport links. The nearby Sea Mills train station provides convenient access to Bristol city centre and beyond. Several well-regarded primary schools are within a reasonable distance, making it an attractive option for families.

Based on the provided images, the property appears to be in need of some modernisation and updating. The interior shows signs of wear and tear, with some cosmetic work required throughout. The kitchen and bathrooms, in particular, seem dated and could benefit from refurbishment. The garden, while present, also requires attention.

The list price of £135,000 is significantly lower than the average house price in the area (£559,998) and the average price per square foot (£425). However, this is likely reflective of the property’s condition. While the location is desirable, the required renovations will impact the overall value. Nearby comparable properties, while varying in size and condition, are listed at significantly higher prices. Therefore, while the price may initially seem attractive, potential buyers should factor in the cost of necessary renovations before making an offer.

The property’s small plot size is a factor to consider. While it has a garden, it is relatively small compared to other properties in the area.

In summary, this property presents a potential investment opportunity for a buyer willing to undertake renovations. The location is strong, but the condition of the property significantly impacts its current value. The price reflects the need for modernisation, but the overall cost, including renovations, should be carefully considered.

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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