Jones Peckover says ..

Property Oracle says ..

This property in Denbigh, located on Post Office Lane, is currently undergoing a major renovation. The provided photographs clearly show the interior is stripped back to its structure, with extensive work underway on the walls, flooring, and internal layout. New windows are visible from the exterior suggesting some exterior work has been completed. The property is described as a three-bedroom, two-bathroom terraced house, but crucial information such as the square footage of the living space and the plot size is missing. The absence of this information makes a comprehensive assessment of the property challenging. In the context of surrounding properties, the list price of £290,000 for a property in this state of renovation requires further evaluation. While Denbigh offers a pleasant location with relatively close proximity to several schools and the town center, the significant renovation work necessary and the unknown square footage pose considerable risk and uncertainty for a potential buyer. The lack of detail surrounding the exact nature of the renovation, planned completion date, and the quality of materials to be used also increases the risk. A prospective buyer would need to thoroughly assess the project’s completion timeframe and associated costs before committing to purchase, as the current price point might not reflect the eventual value once the renovation is finished. The current market conditions and comparison to similar properties in the area (if more detailed information was available) would further inform a detailed valuation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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