House + Co Property says ..

Property Oracle says ..

This two-bedroom terraced house in Redfield, Bristol, presents a mixed bag of opportunities and challenges. The property’s location is a definite plus, boasting proximity to highly-rated primary schools, local transportation via Lawrence Hill train station, and likely local shops and services. The short distances to these amenities are advantageous for families or commuters. However, the condition of the property is a major factor to consider. Images clearly illustrate a need for extensive renovation work. The interior features outdated decor, peeling wallpaper, and an overall dated appearance. This necessitates a significant financial investment for a prospective buyer to update the property to modern standards. While the property has a garden, photos reveal a relatively small outdoor space that also appears to be in need of landscaping and potential drainage improvement. The property’s price point of £300,000 requires careful evaluation. Considering the significant work required, this may not be a bargain; however, it could be seen as a decent price considering the location, once the work is completed. A buyer’s budget should accommodate substantial renovation costs in addition to the purchase price. Prospective buyers should approach this property with a realistic understanding of its renovation needs and carefully consider the total cost of ownership before making an offer.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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