Oliver Reilly says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Fernwood, Newark, Nottinghamshire. It’s situated on Rubys Walk, a modern development with allocated parking. The apartment itself appears to be in good condition, with modern fixtures and fittings. The images show a clean and well-maintained interior. The kitchen and bathroom are contemporary in style.

The location benefits from proximity to The Suthers School (0.87km) and Chuter Ede Primary School (1.25km), along with other schools further afield. Newark North Gate and Newark Castle railway stations are within reasonable commuting distance (4.99km and 5.92km respectively).

While the property does not have a private garden, the development features communal green spaces, as seen in the provided images. This provides residents with access to outdoor areas.

Considering the list price of £120,000, the average price in the area is considerably higher at £355,677. However, the average price per square foot is £339, and this property is 875 sqft. Therefore, the price per sqft is approximately £139. This suggests that the property is priced significantly below the average for the area, potentially representing good value for money, especially considering its modern condition and convenient location. However, further investigation into recent comparable sales in the immediate vicinity would be beneficial to confirm this assessment. The lack of plot size data for comparable properties makes a precise comparison difficult.

Based on the provided information, the property appears to be a well-maintained apartment in a convenient location, potentially offering good value for money relative to the broader area. The lack of garden space is offset by communal green areas within the development.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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