Express Estate Agency says ..

Property Oracle says ..

The property is a 2 bedroom end of terrace house located in Coldharbour, Bideford, Devon. The list price is £130,000 and the property is 276 sqft with a 704 sqft plot. The average house price in the area is significantly higher at £265,283, with an average price per sqft of £251. This suggests the property may be underpriced, however, this needs to be considered in the context of the property’s condition and location. Based on the images provided, the property appears to be in need of significant renovation. Walls show signs of damp, the bathroom requires complete refurbishment, and the overall condition suggests a considerable amount of work is required before the property is habitable. The garden is small and requires attention. While the location is within reasonable proximity to several schools (St Mary’s Church of England Primary School being the closest at 0.73km), information on nearby transportation links is not available. The location itself is on a hill overlooking the town, which may appeal to some buyers but not others. Further analysis of the local area would be needed to fully assess the location score. Considering the property requires extensive renovation, the small plot size, and the discrepancy between the asking price and the average price per sqft in the area, the price may appear initially attractive. However, the cost of renovations must be factored into the overall cost of ownership. Therefore, a buyer needs to carefully weigh the potential costs of renovations against the current market value to determine if the property represents good value for money.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images