Brown & Merry says ..

Property Oracle says ..

This two-bedroom apartment in Riverside Gardens, Berkhamsted, presents a mixed bag of opportunities and challenges. The location is a significant advantage, being close to Berkhamsted train station and well-regarded schools. This proximity to transport and educational facilities boosts its appeal, especially for commuters and families. However, the property’s condition is a major factor to consider. The images clearly demonstrate the need for substantial refurbishment in the kitchen and bathroom. The dark flooring in multiple rooms suggests potential age and wear, requiring upgrades. The absence of a garden is also a notable limitation. The £220,000 list price necessitates a careful assessment of renovation costs against the potential return on investment. While potentially undervalued considering Berkhamsted’s market, the necessary renovation work necessitates due diligence to ensure overall value. Potential buyers should budget accordingly for modernisation. Overall, this property offers a chance for someone to create a comfortable home in a good location, but significant work is required, which affects the overall appeal and value. Therefore, a detailed survey is highly recommended before purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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