Town & Country Property Auctions says ..

Property Oracle says ..

This three-bedroom terraced house in West Thornton, Croydon, presents itself as a potential investment opportunity, but one demanding considerable time, effort, and financial resources. The property’s location is convenient, with nearby amenities and transport links, making it attractive to families and commuters. However, the property is currently in a state of significant disrepair. The interior spaces are cluttered, and there’s evidence of cosmetic and possibly structural issues needing attention. The garden, though present, is entirely neglected and would require substantial landscaping. The lack of precise square footage information makes a definitive assessment of price per square foot difficult. The listing price falls within the range of comparable properties in the area; however, the extensive renovations required significantly impact the overall value proposition. A prospective buyer should budget for significant renovation costs before purchasing. A comprehensive survey and assessment of repair costs are crucial steps in the due diligence process. The property, in its current condition, is not move-in ready. It represents a project property with potential for future return, but only for buyers equipped to handle significant refurbishment.

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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