Boothroyd & Company says ..

Property Oracle says ..

This two-bedroom mid-terraced house in Leamington Spa, located on Glebe Place, presents a mixed opportunity for prospective buyers. The property benefits from a desirable location within walking distance of Leamington Spa’s town centre and several highly rated primary schools. However, the property’s state of repair is a significant consideration. Images depict substantial wear and tear, including wall damage and flooring needing replacement. The property requires a comprehensive renovation, and this would involve substantial financial commitment for new owners. Although the property has a small garden, further details on its dimensions are needed for a more complete assessment. The list price of £260,000 must be carefully weighed against the considerable renovation costs involved. While Leamington Spa is a desirable location, the property’s condition might necessitate a thorough negotiation of the selling price to arrive at a fair market value. Prospective buyers should factor in the cost of renovation when assessing the overall investment opportunity presented by this property. The absence of square footage data for many similar properties on Glebe Place limits a precise comparison of price per square foot, making price assessment challenging. Further due diligence and a professional survey are strongly recommended before any purchase commitment.

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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