A P Morgan Estate Agents says ..

Property Oracle says ..

This four-bedroom, two-bathroom property in Lakeside, Redditch is being marketed at £155,000. It’s situated in a convenient location with nearby schools and train links, making it attractive for families. The property benefits from a garage and a rear garden, which are attractive features for this area of the market, although the size of the garden is modest, requiring work to make it fully useable.

The property’s condition is a mixed bag. While the photographs reveal what looks like a functional kitchen with recent updates, other rooms exhibit outdated décor and finishes. This suggests the need for cosmetic improvements and potentially minor repairs to enhance the property’s overall appeal and value. There is evidence of some wear and tear in some of the interior photographs that could be cost-prohibitive to repair.

In terms of price, it’s slightly higher than some other similar properties in the immediate vicinity and needs to be factored for the age of the property as well as the level of work required, but not unreasonably so, given the larger size and inclusion of a garage. Potential buyers should carefully assess the cost of renovations to determine if the property’s total cost aligns with their budget and expectations. Overall, this property presents a blend of opportunities and challenges that buyers should consider carefully. The need for renovations is a key factor in determining its overall value.

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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