Jacobs Steel says ..

Property Oracle says ..

This property is a 3 bedroom detached bungalow situated on Old Shoreham Road, Southwick, West Sussex. The property benefits from a good size garden and is conveniently located near local amenities. The property appears to be well-maintained and in good condition, although some aspects of the decor may be considered dated. The kitchen and bathroom appear to have been recently updated, while other rooms retain more traditional features. The overall impression is of a comfortable family home. The plot size is not specified, but the images show a substantial garden, suggesting a generous amount of outdoor space. This is a significant positive aspect of the property. Considering the average house price in the area is £760,428 and the average price per sqft is £723, the asking price of £500,000 for this 896 sqft property appears to be significantly below average. However, it’s important to note that the average price may be skewed by larger properties. The lower price point may be justified by the age and style of the property, but the good condition and substantial garden could still make it attractive to buyers. Further analysis of comparable properties in the immediate vicinity would be beneficial to fully assess the value. Based on the information and images provided, the property appears to be a good value option, in good condition with a sizeable garden in a convenient location. The lower than average price point is a significant factor, although further market research would be needed to fully determine the accuracy of the pricing.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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