The list price of £175,000 seems reasonable considering the area and the potential of the property after significant renovation. However, the substantial work required impacts value significantly. While comparable properties in the area sell at higher prices when renovated and complete, this property’s condition significantly diminishes the immediate value. The fact that the property is being sold at auction adds an element of uncertainty. The relatively low square footage of the property given its price point also factors in.

The provided photographs clearly show that the property is in need of significant renovation. The interior is largely unfinished, requiring complete refurbishment. The exterior, while showing some charm, also exhibits signs of age and needs attention. While the basement appears to have had some damp proofing work completed, the overall state requires substantial investment.

The property is situated on Southover Street in Brighton, a popular area known for its proximity to amenities, good schools, and transport links. While the exact positioning on the street isn’t specified, its location within the Hanover and Elm Grove locality suggests good access to local shops, cafes, and other conveniences. The nearby presence of several well-regarded schools and train stations further enhances the desirability of the location. However, without precise location details within Southover Street, the score is adjusted slightly downward.

The property includes a rear garden, which is a positive aspect. However, the size is not specified and the images suggest a relatively small, though usable, outdoor space. While not lacking in outdoor space completely, the garden is not particularly large in scale, therefore a moderate score is given.