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Clyde Crescent‚ Rayleigh‚ SS6
Based on the given description and the property's location, here's an estimate of its appeal for both real estate investment and as a lifestyle purchase from a buyer's perspective: Price: The property is priced at £325,000, which is within the average price range for the area. This suggests that it may offer a decent return on investment if the market conditions are favorable. Location: The property is located in Rayleigh, a town in Essex, UK. This area is known for its thriving community, amenities, and good transport links. It is likely to attract potential buyers looking for a well-established neighbourhood with easy access to urban amenities. Property Type and Condition: Being a two-bedroom semi-detached bungalow, the property offers sufficient living space for many potential buyers, especially those in the family market. The fact that the property has been extended to the rear and is ready for modernisation could appeal to buyers who are looking for a project to refurbish and personalise. It may require some work and investment to maximise its potential, which could be suitable for those willing to take on the challenge. Target Market: The target market for this property is likely to be families looking for well-priced homes in a desirable area. Investors may also be interested in the potential for rental income once the property is fully refurbished. Potential Return on Investment: Depending on the level of work invested in the property, it could potentially yield decent returns in the long term. Try conducting a more in-depth market analysis for the area and consult with a local real estate agent or financial advisor to get an accurate estimate. Lifestyle Appeal: The property's location in Rayleigh offers potential buyers the best of both worlds - easy access to the city and charming village life. Nearby parks, shopping, and recreational activities would contribute to a successful lifestyle investment. Overall, while the property may need some work, it could be a good investment opportunity for those looking for a family home or a renovation project in a desirable area. Furthermore, its potential lifestyle appeal could attract buyers seeking the perfect balance between town and country living.