Lambert Smith Hampton says ..

Property Oracle says ..

This listing presents a unique opportunity for a buyer with a specific vision. The property consists of a dilapidated garage and associated land located in the sought-after Sketty area of Swansea. Sketty is known for its family-friendly atmosphere, excellent schools (including Bishop Gore School and Sketty Primary School located within close proximity), and convenient access to both the city centre and the beautiful Gower Peninsula.

The garage itself is in a poor state of repair, as evidenced by the provided images. It’s filled with debris and requires significant renovation or demolition. The condition of the external structure also indicates a need for repairs. The listing does not specify the plot size, but the pictures suggest a reasonably sized plot of land. However, the land may also need attention given the overall condition of the property.

The list price of £50,000 is intriguing. While property values in Sketty are relatively high, and land in this location commands a premium, the significant cost of renovating the garage is a primary consideration. A potential buyer will need to weigh the cost of bringing this property up to a habitable standard against the potential value of the land once improved. Therefore, a thorough survey and detailed cost analysis are essential before proceeding with any purchase.

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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