Belvoir Sales says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom apartment with a total area of 698 sqft and a plot size of 678 sqft. It is situated in the Bridge locality of Newark, Nottinghamshire, close to Newark North Gate train station (0.33km). Lovers Lane Primary and Nursery School is also within close proximity (0.11km). The property appears to be in reasonable condition based on the provided photos. The kitchen and bathroom seem functional, though possibly requiring some minor updates. The living areas are adequately furnished. The exterior of the building is brick, and appears to be in good structural condition. There is a small, gravelled area outside the property, which could be considered a shared parking area or small yard. However, it is not a substantial garden.

Compared to the average price per sqft in the area (£391), the listed price of £110,000 for this 698 sqft property seems relatively low. This could be due to several factors, including the size of the property, the lack of a private garden, and the overall condition, which while reasonable, doesn’t appear to be luxurious or newly renovated. Nearby comparable properties range in price, with some significantly higher, suggesting that the listing price may represent good value for money, particularly for a first-time buyer or investor. However, further investigation into the specifics of the property’s leasehold status and any potential service charges would be beneficial to fully assess the value.

The location is convenient, offering proximity to the train station and a primary school. However, the immediate surroundings are not explicitly detailed, so a more thorough assessment of the local amenities and overall neighborhood character would be needed to provide a complete evaluation of the location’s desirability.

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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