Hollis Morgan Auctions says ..

Property Oracle says ..

This property located at 14 Oxford Street, Cotham, Bristol, is a four-bedroom, two-bathroom house listed at £440,000. Presented as a project requiring modernisation, the property sits in a desirable location, benefitting from the strong reputation of the Cotham area in Bristol. The proximity to well-regarded schools (Cotham School and Ss Peter And Paul RC Primary School are both within 0.5km) and relatively convenient access to railway stations (such as Redland station, 0.74km away) are significant advantages. However, the photos reveal a property in need of considerable renovation. Walls and floors are visibly damaged in several images; there is evidence of damp and outdated fixtures throughout the house. While there is some potential in renovating and developing this property, a prospective buyer should carefully assess the likely renovation costs against the purchase price. The fact that the property is currently for sale via online auction suggests a quick turnaround is anticipated, but careful due diligence is needed to ensure a reasonable valuation is achieved. While there is a garden included, this requires significant attention and upkeep. The lack of concrete plot size measurements prevents any determination of the size of this garden. Overall, this property presents a high-risk, high-reward prospect for buyers with experience in property renovation projects. Extensive research into local comparable property sales and careful budgeting for renovations are strongly advised prior to committing to a purchase.

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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