eXp UK says ..
DN0848 A top floor studio flat in need of complete modernisation situated in a highly regarded residential road in Guildford, Surrey. Benefits also from an en block garage.
This property is a studio flat located in Guildford, Surrey, listed for £120,000. It's situated on Clandon Road, a residential street close to Guildford's town centre and within a short distance of several highly regarded schools, including Guildford High School and Tormead School. The proximity to London Road train station provides convenient access to Guildford town centre and onward rail travel.
However, the property is in a significantly poor state of repair. The provided images reveal outdated and dilapidated interiors, requiring extensive renovation. The bathroom and kitchen are in particular need of modernisation. This considerable need for renovation directly impacts the overall value and desirability of the property. The listing explicitly states the need for complete modernisation. While the location is a strong selling point, the considerable cost of renovation must be considered, and hence the list price should be viewed in this light. The fact that it is a studio flat should also be factored into the price-to-size evaluation. The lack of external space is a further point to consider.
Potential buyers should be aware of the extensive work required and factor this into their purchasing decision. A thorough survey is essential before making an offer. While the location is attractive and the price might be competitive for studios in Guildford relative to other listings, this must be weighted against the very significant cost of modernization.
Therefore, we give this property 4 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*
