Shepherd Sharpe says ..

Property Oracle says ..

This two-bedroom detached bungalow in Penarth, situated on Charteris Close, presents a mixed bag. The property’s location is a significant strength, with the coastal town of Penarth offering a desirable lifestyle, proximity to amenities, and access to good schools (Evenlode and Stanwell are within reasonable walking distance). However, the property requires considerable modernisation. The interiors feature dated decor, carpets and fittings, indicating significant investment would be needed to update the property to modern standards. The kitchen, while functional, looks tired and could benefit from a full refurbishment. Similarly, the bathroom requires some updating. The garden is of a reasonable size, providing outdoor space but showing the need for care and potentially some landscaping. The list price requires careful consideration in light of the renovations needed. While the location is a draw for buyers, the cost of bringing the property up to modern standards will need to be factored into any purchase decision. Overall, it is a sound investment opportunity for a buyer willing to undertake renovations. The property’s potential is high, with the possibility of increasing its value once renovations are completed. The market value in Penarth suggests this property could potentially appreciate in value after the renovations are undertaken.

Therefore, we give this property 6 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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