Peter Alan says ..

Property Oracle says ..

This property on Castle Road, Mumbles, Swansea, presents a unique opportunity for a buyer willing to undertake a substantial renovation project. The location within the desirable Mumbles area, near Oystermouth Castle and the seafront, is a major selling point. While the nearby primary schools are a plus for families, the property itself is in a state of disrepair. The interior photos reveal significant damage to ceilings and incomplete construction. Additionally, the plot size is minimal, with little to no garden. The list price of £90,000 reflects the considerable investment needed to bring this property to a habitable standard. While the price might seem attractive at first glance, the significant costs involved in renovations should be carefully factored in before considering a purchase. Potential buyers should obtain professional assessments of the building’s structural integrity and plan for extensive renovation work. Overall, the property is a high-risk, high-reward prospect – highly dependent on the buyer’s DIY skills or access to substantial renovation budgets.

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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