McCartneys LLP says ..

Property Oracle says ..

Lon Masarn is a terraced property situated in Newtown, Powys, Wales. The property benefits from being within close proximity to several primary and secondary schools, with Newtown High School being approximately 1.26km away. Newtown railway station is also conveniently located, at a distance of 2.23km.

The property itself is a four-bedroom, two-bathroom house with a total area of 1,143.45 sqft. Based on the provided images, the property appears to be in need of some modernisation and updating. The décor is dated, and some areas show signs of wear and tear, such as peeling wallpaper and stained ceilings. The kitchen and bathrooms require significant updating. The garden, while present, is somewhat overgrown and could benefit from some landscaping.

Considering the average house price in the area is £342,050 and the average price per sqft is £272.00, the list price of £135,000 for this property seems significantly lower. However, this is likely due to the property’s condition requiring renovation. Nearby comparable terraced properties on Lon Derw have sold for between £64,500 and £117,500, suggesting that the list price for this property, while lower than the area average, might still be somewhat high considering its condition. Further analysis of comparable properties with similar condition and requiring renovation would be needed to more accurately assess the price. The property’s location is positive, being near schools and transport links. However, the property’s condition and the need for renovation are significant factors that affect its overall 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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