Goadsby says ..

Property Oracle says ..

This property in Southbourne, Bournemouth, is a large detached house requiring complete renovation. The listing highlights its proximity to the clifftop and local shops, suggesting a good location. However, the provided photographs depict a property in considerable disrepair. Floors are significantly damaged, walls and ceilings show damage, and the entire interior needs complete refurbishment. The kitchen and bathrooms show outdated fixtures needing replacement. While the property offers seven bedrooms and four bathrooms, the significant costs associated with the extensive renovations should be factored into any assessment of value. The lack of detailed information regarding plot size limits a comprehensive assessment of the overall value. The asking price reflects the prime location, even considering the considerable renovation needed. Additional information on plot size and specific local comparables would help achieve a more accurate assessment. The property has the potential to be an excellent family home once renovated, however, a large budget for comprehensive renovation would be essential. Without access to local comparable sales data and square footage information for similar properties in need of renovation, any price assessment is subject to considerable uncertainty. The potential conversion to six flats may impact the desirability for some buyers and the overall return on investment.

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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