Millers Estate Agents says ..

Property Oracle says ..

This four-bedroom, two-bathroom house located on Egg Hall in Epping, Essex, presents a mixed bag. The property is situated in a generally desirable location in Epping, known for its good schools and transport links. However, while structurally sound, the house requires some degree of modernization. The interior presents a dated aesthetic across multiple rooms, requiring both cosmetic and possibly functional upgrades. The kitchen and bathrooms, in particular, could benefit from significant renovation to improve their appeal and functionality. The garden, while present, is relatively small and requires landscaping.

In terms of pricing, the asking price of £650,000 appears competitive with other similar properties in the immediate area. Several nearby homes are listed or have sold for similar prices, making the asking price fairly reasonable, given the potential for extension. However, buyers should factor in the cost of renovations and modernizations when evaluating the property’s overall value. The lack of precise plot size data is a notable omission, which could affect the assessment of the overall value. Potential buyers should perform their own comprehensive due diligence before submitting an offer, factoring in the necessary refurbishment costs and examining the specifics of the property’s planning permission potential. Overall, the property represents a considerable investment that requires both financial and time resources for potential improvement.

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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