John Hilton & Co says ..

Property Oracle says ..

This three-bedroom terraced house on Queens Park Road, Brighton, presents a mixed bag of opportunities and challenges for potential buyers. The location is undoubtedly a strong point, with close proximity to Queens Park, highly-rated schools (including the outstanding St Luke’s Primary School), and relatively easy access to transport links. This makes it an appealing location for families. However, the property’s condition requires careful consideration. The interior photographs reveal an aesthetic that’s somewhat dated. Carpets appear worn, and some rooms, such as one of the bedrooms, exhibit noticeable wear and tear. The kitchen and bathroom appear functional but also in need of modernisation. A significant amount of work would be required to bring the property up to modern standards.

The property does benefit from a garden and outbuilding (a workshop or shed), providing outdoor space and potential storage solutions. The absence of detailed plot size information prevents a definitive assessment of the land value.

Comparing the list price of £400,000 to nearby comparable properties reveals a range of prices. Some nearby properties are listed at similar prices while others are considerably more or less expensive. The lack of square footage data for nearby comparables makes a precise price-per-square-foot comparison challenging. However, given the property’s condition and the requirement for renovations, the price appears to sit within the reasonable range for the area; yet it may not represent exceptional value for money until the renovations are factored into the total investment cost. Prospective buyers should factor these renovation costs into their budgets when assessing the overall value proposition. A thorough survey and inspection are highly recommended.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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