Chelton Brown says ..

Property Oracle says ..

This property is a four-bedroom, two-bathroom property located on Colwyn Road in Northampton’s Castle area. The listing describes it as a freehold investment comprising two 2-bedroom apartments, implying it may be suitable for rental income. However, the provided photos reveal a somewhat worn interior needing some upgrades and modernisation to improve its overall appeal. The property has a limited plot size, lacking a garden, which could significantly impact its desirability for families. The proximity to Northampton town centre, transportation, and several schools with varying Ofsted ratings are positives. However, the pricing of £255,000 needs careful consideration. While other properties on Colwyn Road are listed at higher prices, a lack of consistent and detailed information on comparable properties makes judging its value relative to the market challenging. The property could be a worthwhile investment due to its rental potential, especially if improved. But a prospective buyer for personal occupation would need to factor in renovation costs. The overall impression suggests that whilst the location is relatively strong, the condition and lack of land coupled with the potentially high price compared to similar sized properties, may influence buyer decisions. Further investigation into comparable properties and the specifics of the rental income is recommended before making any purchasing decisions. Additional information on potential renovation costs and rental market demands will better inform this property’s overall market potential and desirability.

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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