Fox Sales and Lettings says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom cottage located on Main Road, Austrey, Warwickshire. It’s a newly built property, as evidenced by the modern design and finishes shown in the photographs. The cottage has a relatively small plot size of 0.00 sqft, but benefits from a well-maintained, enclosed rear garden. The internal finishes appear to be of a high standard, with a modern, well-equipped kitchen and contemporary bathrooms. The property appears to be in excellent condition. The location in Austrey is positive. Austrey Cofe Primary School, which has a ‘Good’ Ofsted rating, is conveniently located just 0.18km away. There are also several other well-regarded primary schools within a reasonable distance. While the nearest train stations are a few kilometers away in Polesworth and Atherstone, this is not unusual for rural locations. Considering the average price per sqft in the area is £309, and the property is 1,130 sqft, one might expect a price around £349,000. However, the list price is £535,000. While this is significantly higher than the average for the area, comparable nearby properties (Main Road, Austrey) have recently sold for £575,000 and £555,000. Therefore, while the price is high, it’s not entirely unreasonable given the recent sales of similar properties in the immediate vicinity. The higher price may reflect the property’s modern condition and finishes, a desirable location, and the scarcity of similar new-build properties in the area.

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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