Gray & Toynbee says ..

Property Oracle says ..

This five-bedroom, three-bathroom property located on Lansdowne Road in Cambridge’s Castle area presents a compelling opportunity, albeit one that requires significant investment. The address itself is within a highly sought-after neighbourhood renowned for its tranquil atmosphere and prestigious status. Proximity to highly regarded schools and the vibrant city center further elevates the desirability of this address. The property boasts a considerable size of 2,702 square feet, as well as an impressive garden which provides substantial outdoor living space. However, it is important to note the visual condition of the property which indicates that a thorough modernisation is needed. The kitchen and bathrooms, in particular, show their age and would likely benefit from a complete overhaul. Furthermore, while the property’s internal décor is outdated, it does provide a blank canvas for a buyer to personalize. This creates both an opportunity and a caveat: while it offers the potential for significant enhancement, it also involves a considerable amount of upfront cost and renovation work. The list price must be carefully considered in the context of necessary improvements. The information provided on the price of nearby properties, although limited in detail, indicates that the list price is in line with comparable properties in the area. A thorough survey and detailed cost analysis for renovation are crucial before a final decision on value for money. Prospective buyers should balance the potential of the property with the expected expenses of renovation and weigh the overall investment against comparable properties in the area.

Therefore, we give this property 7 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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