Country Properties says ..

Property Oracle says ..

The property is a one-bedroom flat located in Letchworth Garden City, Hertfordshire. The asking price is £140,000. Letchworth Garden City is a popular commuter town with good transport links to London and Cambridge via the mainline train station, which is within walking distance of the property. Several schools are also within a reasonable distance. Based on the provided images, the property appears to be in need of some modernisation. The kitchen and bathroom show signs of wear and tear and would likely benefit from refurbishment. The flooring and walls in the living area and bedroom are also quite basic. The property does not appear to have any outdoor space. This is a significant drawback, especially considering the average plot size in the area. Considering the property’s condition, lack of outdoor space, and relatively small size (386.70 sqft) compared to the area average (916 sqft), the list price of £140,000 may appear reasonable in comparison to similar properties in the area. However, the need for modernisation should be factored into any offer. Nearby properties on Haysman Close have sold for between £109,000 and £360,000, indicating a wide price range. The average price per sqft in the area is £390, while this property’s price per sqft is significantly lower. However, the lower price per sqft is likely due to the condition and lack of outdoor space.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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