Geoff Foot Estate Agents says ..

Property Oracle says ..

This two-bedroom property in Hayling Island, Hampshire, presents as a significant renovation project. Located on Fathoms Reach, it benefits from relative proximity to the town’s amenities and the coast. The exterior of the house appears to be in reasonable condition, being mostly structurally sound. However, interior images reveal extensive damage and wear, requiring substantial repair and modernisation across all rooms. Walls show patches of damage, floors are bare, and the kitchen and bathroom are dated and need complete overhauls. The garden is relatively small, but adequate for a property of this type. Nearby comparable properties range in price, and several comparable properties are priced higher, and others are priced lower than the asking price. The current list price for the property considers the location, yet reflects the significant work required to bring it to a habitable standard. Prospective buyers should account for significant renovation costs before making an offer. Investors may see potential for profit after refurbishment given the location, however the work involved must be carefully considered before purchase.

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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