E2W Property says ..

Property Oracle says ..

The property is a 3 bedroom detached bungalow located in Nairn, Scotland. The list price is £235,000. The property benefits from a relatively large garden and a detached garage. The location is convenient with Nairn train station approximately 1.55km away. However, there is no information provided regarding the proximity of schools. Based on the images, the property appears to be in need of modernisation. The carpets and wallpaper are dated, and some minor repairs may be needed. The kitchen and bathroom also appear to be quite dated. Considering the average price per sqft in the area is £289, and this property is 562 sqft, a rough estimate of the value would be £162,500. However, the average property size in the area is 860 sqft, significantly larger than this property. The list price of £235,000 is therefore higher than the estimated value based on average price per sqft. This could be justified by the detached garage and garden, which are desirable features. Further, the lack of comparable properties with sqft data makes a precise comparison challenging. However, nearby properties are listed for between £185,000 and £235,000, suggesting the list price is within a reasonable range for the area, despite the property’s condition.

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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