Paul Fosh Auctions says ..

Property Oracle says ..

This property in Wattstown, Porth, is listed as a development opportunity. The listing images show two part-built semi-detached houses. The property is at the shell stage of construction with no internal fixtures or fittings. The location is reasonably convenient, with several schools and train stations within a few kilometers. The site itself is positioned on what appears to be a small plot of land. The price of £75,000 for this type of property is potentially reasonable, especially in the current market conditions. However, a buyer needs to factor in the significant cost of completing the construction to a habitable standard, including internal works, fixtures, and fittings. The lack of essential property details, like the actual square footage and plot size, makes a complete and accurate valuation challenging, but the overall condition and the current phase of construction means that a buyer should factor in the substantial costs required for completion. Potential buyers should conduct a thorough survey and obtain professional advice before purchasing. This property is suitable for developers or investors who plan on completing the construction and potentially reselling for profit, or if they are keen to complete for personal use. They should undertake a full due diligence on the property and assess costs required to complete it to a habitable standard.

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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