Auction House Wales says ..

Property Oracle says ..

This property, a block of three large self-contained apartments at 3-5 Hazelbank, Llanstadwell, Neyland, Pembrokeshire, is presented as a substantial renovation project. The exterior is marked by aged green paint, overgrown foliage, and an overall appearance of neglect. The interior photos reveal a property in disrepair, requiring complete modernization. Walls show significant damage, flooring is aged or missing, and outdated fixtures are evident. The presence of six bedrooms offers substantial potential, but this must be weighed against the comprehensive renovation necessary. The property does benefit from a riverside location, offering potential water views, and is reasonably close to local amenities, including schools and transport links. The surrounding area showcases varying property values, ranging from smaller properties priced below £100,000 to more substantial homes exceeding £300,000. This indicates a mixed market with property values depending greatly on condition and size. The substantial cost of renovation and the undefined square footage of the property require careful consideration when evaluating its price in the context of the local market. The land at the rear, although present, requires considerable work for it to be functional. This property is primarily suitable for investors or those with the time, resources, and expertise for a major renovation project. Potential buyers should obtain professional surveys and cost estimates for the renovation works before making an offer.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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