Mitchells Estate Agents says ..

Property Oracle says ..

This two-bedroom, one-bathroom bungalow located on Johnstone Road in Stanpit, Christchurch, Dorset, presents a mixed bag of opportunities. Situated in a desirable area known for its proximity to the coast and attractive natural surroundings including Stanpit Marsh nature reserve, the property’s location is a strong selling point. The nearby schools receive good Ofsted ratings, further bolstering its appeal to families. Transportation links to Christchurch and other nearby towns are also relatively convenient.

However, the property itself displays a need for updating. The kitchen and bathroom, in particular, appear dated. The overall aesthetic shows signs of aging. Whilst generally well-maintained, modernisation would significantly enhance its appeal to many potential buyers and would improve the market value of the property.

The property benefits from a garden, although its size appears relatively small and more akin to a patio area. The presence of a garden, however, does add value in this market, especially considering the property type and location.

Considering the location, property type, and the need for some renovations, the list price of £350,000 might be considered reasonable. Comparative properties in the area suggest prices that fluctuate between £200,000 to around £700,000, indicating a considerable range. The precise value would depend on the specifics of these similar properties and the extent of modernisation required. Whilst other properties in the local area do offer more land and require less refurbishment, this property may be seen as an option for a buyer who has the budget and capacity to invest in a desirable area with scope to modernise and upgrade to create a modern property. Buyers should factor in potential renovation costs when making their offer.

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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