AJ Estate Agents of Gloucestershire says ..

Property Oracle says ..

This three-bedroom, one-bathroom property in Old Stroud, Gloucestershire, presents a compelling blend of historical character and potential, but significant renovation is required. Located on Lower Street, the property benefits from its position in a desirable area with nearby amenities including schools (Stroud Valley Community Primary School, Severn Valley School, Uplands Community Primary School, among others, all within a reasonable distance), and transportation links with Stroud railway station within approximately 1km. The property itself shows its age and needs significant upgrading. Images reveal dated interiors, cosmetic damage to exterior walls, and an overgrown rear garden. The property’s main selling point is its prime location within Old Stroud and its potential to become a lovely home, once substantial renovation and modernisation work are carried out. While the list price of £265,000 might seem reasonable relative to the location, the cost of the renovations must be carefully factored into the overall cost. Potential buyers need a realistic budget including significant contingency funds for potential unexpected repair costs. The absence of accurate price per sqft data from local comparable properties hinders a more precise assessment of its price competitiveness. However, similar nearby properties have been recently sold at a variety of prices reflecting the condition and location. A thorough survey and costing for refurbishment would be essential before making any offer. The property is presented as being offered with no onward chain which may speed up the purchase process.

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