Jackson Grundy Estate Agents says ..

Property Oracle says ..

This one-bedroom property located on Cyril Street in Abington, Northampton, presents a compelling investment opportunity for buyers willing to undertake significant renovations. The property itself is in considerable disrepair, with visible evidence of water damage, outdated fittings and a generally poor state of maintenance. The images provided show a need for complete modernisation throughout, including but not limited to plumbing, electrics, kitchen, bathroom, and cosmetic upgrades. The small backyard also requires landscaping and improvements.

Despite its condition, the property’s location offers some positives. It’s within reasonable proximity to Northampton’s town centre, providing access to amenities, schools (with several nearby schools rated ‘Good’ by Ofsted) and transport links. The property is listed at £95,000, which might seem low initially, but the extensive repairs required must be considered to determine its actual value. The listing specifies it’s a share of freehold, which is a factor that needs to be investigated further. Prospective buyers should conduct a thorough survey and factor in substantial renovation costs before making an offer. Overall, this property is a high-risk, high-reward proposition for those with experience in property renovation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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