Hamilton Piers says ..

Property Oracle says ..

This three-bedroom semi-detached bungalow located in Rayne, Essex, is listed at £325,000. The property benefits from a relatively large rear garden, providing space for outdoor living. However, the property is in need of significant modernisation and updating. The interior decor and fixtures are dated, requiring substantial renovation to bring it to a contemporary standard. The kitchen and bathroom are particularly in need of an upgrade.

Rayne itself offers a desirable location with a good primary school within walking distance and access to Braintree town centre. The property’s proximity to transport links adds further appeal. The lack of square footage data in comparable listings however makes it difficult to give a conclusive valuation based on price per square foot. However, comparing with prices on Leyside and other similar streets, the asking price seems reasonable given the potential for renovation and the size of the land. Potential buyers should factor in the renovation costs when evaluating the overall value proposition. Overall, this property would suit a buyer willing to undertake a renovation project to create a family home in a desirable Essex village location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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