eXp UK says ..

Property Oracle says ..

The property is located in Shepton Mallet, Somerset, a town with a mix of period and modern properties. The area benefits from several schools within a reasonable distance, including Bowlish Infant School (rated ‘Good’ by Ofsted) which is less than a kilometer away. The presence of these schools adds to the family-friendly appeal of the location. While specific transportation links aren’t detailed, the property’s location within the town suggests access to local amenities and services.

Based on the provided photographs, the property appears to be in excellent condition. It has been recently updated and is well-maintained, with modern fixtures and fittings in the kitchen and bathrooms. The interior is presented to a high standard, showing no obvious signs of disrepair or the need for significant renovation.

The property boasts a substantial plot size of 17,146.91 sqft, providing ample outdoor space. The garden features a patio area, artificial lawn, and a garden shed, offering both practicality and aesthetic appeal. The size of the plot is considerably larger than the average for the area.

Considering the property’s excellent condition, generous plot size, and location near amenities and schools, the list price of £500,000 appears slightly high compared to the average price of £260,633 for the area. However, the average price per sqft in the area is £292, while this property’s price per sqft is lower at approximately £314. The higher list price may be justified by the property’s superior condition, larger plot, and potentially desirable features not fully captured in the provided information. A comparable nearby property, Lower Silk Mill, is listed at £525,000, suggesting that the £500,000 asking price is within the range of similar properties in the immediate vicinity. This suggests that the price is reasonable, although perhaps slightly on the higher end of the market value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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