Allsop says ..

Property Oracle says ..

This two-bedroom apartment in Basildon, Essex, is listed at £160,000. The property is located on Danbury Down, within reasonable distance of several well-regarded primary schools, offering a family-friendly environment. The nearby c2c train station provides convenient access to Basildon town centre and beyond, offering good transport links. However, the interior of the apartment is in need of a substantial renovation. The flooring in most rooms requires replacement, and walls appear dated. The kitchen and bathroom, while functional, are basic. The small shared outside space may appeal to some buyers, but is not significant. The property’s current condition necessitates considerable investment before reaching a higher standard of habitability. The price point is competitive in the local market considering comparable listed properties, though significant refurbishment costs must be factored in by any potential buyer. The absence of precise square footage details for comparative properties hampers a fully accurate price per square foot analysis. Overall, this property presents a potential investment opportunity for those willing to undertake renovations. It is more suited to investors or those comfortable with DIY projects looking for a reasonably-priced property in a convenient location.

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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