Bairstow Eves says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Warley, Brentwood, Essex. It is listed for £150,000 and has 434 sqft of living space and a 634 sqft plot. The property appears to be in need of some modernisation. The carpets, wallpaper, and kitchen are dated. While structurally sound, an update would significantly improve its appeal and value. The bathroom appears to be more modern than the rest of the property. The communal garden area is well-maintained, providing a pleasant outdoor space. The location benefits from its proximity to Warley Primary School (0.51km) and Holly Trees Primary School (0.86km), both rated ‘Good’ by Ofsted. Brentwood town centre is also within reasonable distance, offering various amenities. Several train stations are within a few kilometers, providing convenient access to other areas. Considering the average house price in the area is significantly higher (£568,758), and the average price per sqft is £414, the listed price of £150,000 for this 434 sqft flat seems relatively low. However, it’s important to note that the property requires modernisation, which would impact its value. The smaller size of the property compared to the average in the area also needs to be considered. Nearby comparable properties are also listed at a higher price point, however, their sqft is not provided which makes a direct comparison difficult.

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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