JAS Campbell & Co Ltd says ..

Property Oracle says ..

The property is a 2-bedroom flat located in West Kilbride, North Ayrshire. The area has an average house price of £294,910 and an average price per square foot of £329. However, the provided listing does not include the square footage of the property, making a precise price per square foot comparison impossible.

The property is in need of significant renovation. The flooring throughout appears worn and damaged, requiring complete replacement. Walls show signs of damage and require repainting. The bathroom and kitchen fixtures are outdated and may require updating or replacement. The overall condition suggests a substantial investment will be needed to bring the property up to a modern standard.

While the images show a small area of grass outside, the exact size of the land associated with the property is not specified. Therefore, a definitive assessment of the land’s size and quality is not possible.

Considering the property’s condition and the lack of information regarding its size and land area, it’s difficult to definitively assess the list price of £70,000. The average house price in the area is significantly higher, suggesting that this property might be undervalued if it were in good condition, however, the required renovations will add to the overall cost. Nearby comparable properties, while limited in data, suggest that a price in the £70,000-£85,000 range may be appropriate for a property in this condition, given its location. Further investigation into the property’s size and a professional survey would be necessary to provide a more accurate assessment.

The property is conveniently located near West Kilbride train station, offering easy access to public transportation. However, information on nearby schools is not provided.

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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