William H. Brown says ..

Property Oracle says ..

The property is a 3-bedroom apartment located in Sible Hedingham, Essex. The list price is £100,000. Considering the images provided, the apartment appears to be in reasonable condition, although the kitchen and bathroom could benefit from some modernisation. The décor is dated but the property seems well-maintained and clean. There is no evidence of significant damage or disrepair. The apartment is situated within a short distance of several schools with good Ofsted ratings, making it potentially attractive to families. The lack of information regarding nearby transportation options prevents a comprehensive assessment of the location’s convenience. The property itself does not appear to have any private outdoor space. Given the average price per square foot in the area is £318 and the property is 690 sqft, a reasonable expectation for the price might be in the region of £220,000. However, the actual list price of £100,000 is significantly lower. This could be due to several factors including the smaller size of the apartment compared to the average property size in the area, the lack of outdoor space, and the dated interior. The lower price may represent good value for money, but further investigation into the specific reasons for the low price would be beneficial.

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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