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Meaning?

In an estate agents description of a house I saw it said that "the property offers excellent potential".

What exactly does this mean?

Comments

  • maas
    maas Posts: 512 Forumite
    Part of the Furniture 100 Posts I've been Money Tipped!
    usually see this in auction properties which are in need of modernising or repair, or that it could be converted into flats etc
  • it's a tip and needs sorting out
    Blackpool_Saver is female, and does not live in Blackpool

  • JS477
    JS477 Posts: 1,968 Forumite
    maas wrote: »
    usually see this in auction properties which are in need of modernising or repair, or that it could be converted into flats etc
    it's a tip and needs sorting out

    That may explain why there's only one picture of the interior (the hallway) the rest all being of the gardens and the panoramic views!!

    Shame, it used to be a lovely house many years ago, I used to play there a lot. :(
  • Mr_Moo_2
    Mr_Moo_2 Posts: 320 Forumite
    Often used to suggest a place is being sold cheap when it is still over-priced :)
  • dodger1
    dodger1 Posts: 4,579 Forumite
    Only three walls and no roof.
    It's someone else's fault.
  • Having seen my present house (which would accurately be described as "in need of modernisation") be described as "ready to move into":cool::rotfl::cool::rotfl:...just take it as meaning one that could accurately be described as A Project and will take loads and loads of work and money.

    It'll be nice in the end...but can your finances/relationships/temper take the strain..
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