Peter Alan says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Penllergaer, Swansea, with a list price of £140,000. The area has an average house price of £320,294 and an average price per sqft of £289. The property benefits from a location relatively close to several primary and secondary schools, as well as having several train stations within a reasonable commuting distance. The proximity to these amenities is a positive factor for potential buyers. Based on the provided images, the property appears to be in need of significant modernisation and renovation. Several rooms show signs of wear and tear, outdated fixtures, and require general maintenance and updating. This would likely involve significant costs for a new owner. The garden is visible in the photos and appears to be of average size for a semi-detached property of this type. Considering the average house price in the area is significantly higher than the list price of this property, it initially appears to be potentially underpriced. However, the required renovations must be factored in. The need for extensive work could offset the lower initial cost, making the overall value more in line with the average property price. A detailed survey would be needed to accurately assess the cost of the necessary improvements. Without knowing the actual square footage, a precise price per square foot comparison cannot be made. However, based on comparable properties in the area, the list price may be reasonable considering the condition of the property.

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

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