Yopa says ..

Property Oracle says ..

This property is a 4-bedroom, 3-bathroom semi-detached house located on Claremont Road in Leamington Spa. The list price is £550,000, and the property has 1,454 sqft of living space and a 2,396 sqft plot. Leamington Spa is known for its attractive location and proximity to good schools and transport links.

The property’s location scores well, given its proximity to Leamington Spa town centre, and several highly-rated primary schools within a 1km radius. The nearby train station provides convenient access to other parts of the UK.

Based on the provided images, the property appears to be in need of some modernisation and updating. While the structure seems sound, the interior requires significant work to bring it up to modern standards. The garden is present, but also requires some attention.

Considering the average house price in the area is £245,000 and the average price per sqft is £307, the list price of £550,000 for this property seems high, especially given its condition. While the larger plot size and location are positive aspects, the extensive renovation needed significantly impacts the value proposition. The lack of comparable properties with sqft data makes a precise price-per-sqft comparison challenging. However, the overall condition of the property and the necessary renovations suggest that the asking price may be inflated.

The property has potential, but buyers should factor in the substantial cost of renovations before making an 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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