Adair Paxton says ..

Property Oracle says ..

This seven-bedroom, four-bathroom property located on Wheatlands Road East in Harrogate, North Yorkshire, presents a unique opportunity but demands considerable attention to its condition. Situated near the Harrogate Stray and with convenient access to several train stations, the location is certainly a strong point, offering access to amenities and green spaces. However, a careful assessment of the provided photographs reveals a property in significant need of renovation and repair. Internal shots show water damage, outdated fittings and extensive work required in many areas such as the kitchen and several bedrooms. The exterior, while not significantly damaged in the photographs, still looks to be in need of updates. The garden appears to be of reasonable size, adding potential value; but unfortunately, the reported plot size is listed as 0.00 SQFT which is inaccurate. The list price of \£850,000 requires consideration of the substantial renovation costs needed to bring this property to a habitable condition. While neighboring properties have similar or higher asking prices, the extent of work required could potentially reduce the property’s overall value, and thus the price is only moderately reasonable relative to other properties in the area. Potential buyers must carefully weigh the costs of renovation against the potential return on investment after improvements are made. Given the considerable renovation needed, the property is best suited for buyers with experience in property development or a substantial budget for refurbishment.

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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