Under The Hammer says ..

Property Oracle says ..

This three-bedroom, two-bathroom property located in Ashby-de-la-Zouch, Leicestershire, presents a unique opportunity but comes with significant caveats. The listing price of £25,000 is remarkably low compared to similar properties in the area and likely reflects the considerable amount of work required to bring the property to a modern, habitable standard. The provided images show that the interior is cluttered and requires extensive modernisation and cleaning, while the exterior exhibits signs of wear and requires external maintenance. The garden, while present, is overgrown and needs landscaping. The location, however, is a positive aspect. Ashby-de-la-Zouch offers access to local schools and amenities, making it a suitable family location. Prospective buyers must be prepared for substantial renovation costs to restore the property to a liveable condition. The extremely low price suggests a high level of risk due to potential hidden problems and extensive renovation requirements. It is important to factor in these costs and potential unknowns before submitting a bid. In summary, this is a property that would be ideal for a buyer with the skills and funds to undertake a substantial renovation project, who may be able to gain a significant return on investment. It is therefore potentially more attractive for experienced property investors or those comfortable with DIY, rather than those searching for a move-in ready home.

Therefore, we give this property 4 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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