Beresfords says ..

Property Oracle says ..

The property is a maisonette located on Queen Street in Maldon, Essex. It’s a one-bedroom, one-bathroom property with a floor area of 418.39 sqft and no garden. The list price is £175,000. The property appears to be in reasonable condition. While the images do not show any major issues, the decor is dated and some modernisation might enhance its appeal. The kitchen and bathroom appear functional, though again, updating would likely improve their value. The location is good. Maldon is a desirable town with a range of amenities. The proximity to schools, such as Plume School (rated ‘Good’ by Ofsted), is a positive factor for families. Transportation links, while requiring a short journey to reach stations, are available via Greater Anglia services at nearby North Fambridge and Witham. Considering the average house price in the area is £228,986 and the average price per sqft is £247, the listed price of £175,000 for this 418.39 sqft maisonette seems relatively reasonable, especially given its size and the lack of outdoor space. However, the lack of plot size is a significant drawback that impacts the overall value proposition. Nearby comparable properties show a wide range of prices, suggesting that the market in this area is varied.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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