Shepherd Sharpe says ..

Property Oracle says ..

Penarth is a popular coastal town in South Glamorgan, Wales, known for its attractive Victorian architecture, vibrant town centre, and proximity to Cardiff. The property’s location in St. Augustine’s places it within walking distance of the town centre, offering convenient access to shops, restaurants, and amenities. The nearby railway station provides easy access to Cardiff and other areas. Several schools are also within a reasonable distance, making it a potentially desirable location for families. However, the specific quality of the schools would require further investigation.

Based on the provided images, the property appears to be in good condition. The interior is clean, well-maintained, and presented in a modern style. There is no visible evidence of significant repairs or renovations needed. The apartment block itself also appears to be well-maintained.

The property’s plot size is relatively small at 466.80 sqft, which is equivalent to the size of the apartment itself. Therefore, it does not include a private garden. However, the communal grounds appear well-kept and offer some green space.

The list price of £115,000 is significantly lower than the average house price in Penarth (£406,838). However, it’s important to consider that this is a one-bedroom apartment in a retirement development, and its size (466.80 sqft) is considerably smaller than the average property size in the area (1,067 sqft). The average price per sqft in the area is £381, while this property’s price per sqft is significantly lower. Considering the condition, location, and lack of a private garden, the list price appears relatively reasonable for this type of property in Penarth. However, a detailed comparison with similar properties in the same development would provide a more precise valuation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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