King & Chasemore says ..

Property Oracle says ..

This three-bedroom property in Goring-by-Sea, West Sussex, presents a mixed bag. Located on Lancaster Road, it benefits from a desirable coastal location with relatively easy access to local amenities, schools (several ‘Good’ rated schools within a reasonable distance), and transport links (Durrington-on-Sea train station is less than a kilometer away). The area itself enjoys a reputation for being a pleasant residential area.

However, the property’s condition requires attention. The interior photos reveal a need for significant modernisation and updating. Carpets appear worn, the decor is dated, and there are visible signs of potential damp or water damage in some areas. The kitchen and bathroom also seem to be in need of refurbishment. The exterior, while showing a reasonable-sized garden, also appears to require some landscaping and maintenance. The garage also looks to be in need of repair.

The list price of £475,000 needs to be considered in the context of the required renovations. While the average price for Lancaster Road is £500,000, the condition of this specific property means it is likely to require a significant investment to bring it up to a modern standard. Therefore, while the price might seem reasonable compared to similar properties in the area, potential buyers should factor in substantial renovation costs. The lack of precise square footage data for comparable properties makes a precise price-per-square-foot comparison difficult. This property’s square footage is 1099 sqft.

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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