Nest Associates Ltd says ..

Property Oracle says ..

Stogumber is a small village located in Somerset, England. The property is a four-bedroom house with three bathrooms, and a plot size of 3,180 sqft. The list price is £415,000. The average house price in the area is £388,420, and the average price per sqft is £260. The property appears to be in need of significant renovation. The interior photos show considerable damage to walls and other features requiring extensive repair work. This will add substantially to the overall cost of the property. The property benefits from a relatively large plot size for the area, offering potential for expansion or landscaping. However, the current state of the garden is overgrown and neglected. While the list price is slightly above the average for the area, the required renovation work makes it difficult to definitively assess the value. The lack of sqft information for comparable properties makes a precise price per sqft comparison impossible. However, given the extent of the renovation needed, the price may be considered reasonable if the buyer is factoring in the costs of renovation. The property’s location in a desirable village setting, close to a primary school, could also support the asking price.

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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