Ocean says ..

Property Oracle says ..

The property is a 1-bedroom retirement property located in Frenchay & Downend, South Gloucestershire. The list price is £140,000, and the property has 357.47 sqft of internal space. The average price for properties in the area is significantly higher at £499,455, with an average price per sqft of £511. This suggests the property may be underpriced compared to the overall market average. However, it is important to note that the average price per sqft is based on larger properties, and this is a much smaller 1-bedroom retirement property. The property appears to be in good condition based on the provided images. It is clean and well-maintained, with modern fixtures and fittings in the kitchen and bathroom. There is no apparent need for immediate repairs or renovations. The property benefits from a communal garden area, which is a desirable feature for retirement properties. While the plot size is listed as 0.00 sqft, the images show access to a shared green space. The location is positive, with several good schools within a reasonable distance. The proximity to Bristol Parkway train station provides convenient access to other areas. Considering the property’s condition, the relatively small size, the shared communal garden, and the lower price point compared to the overall area average, the list price of £140,000 appears reasonable for a retirement property of this type in this location. However, a more in-depth analysis of comparable properties of similar size and type in the same area would be beneficial to confirm this assessment.

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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