MK Property LTD says ..

Property Oracle says ..

This one-bedroom apartment in Sapphire House, Central Milton Keynes, offers a potentially attractive opportunity for first-time buyers or investors, particularly given the relatively low asking price. The property is conveniently located near Milton Keynes Central railway station, providing easy access to commuting links. Nearby schools and communal green spaces add to the property’s appeal.

The apartment’s interior appears in good condition, though some cosmetic improvements could enhance its overall presentation. The kitchen and bathroom seem to be recently upgraded or well-maintained. The absence of a private garden or outdoor space is a notable drawback, although communal gardens are provided.

The most significant factor influencing the assessment is the price. £50,000 is notably lower than many comparable properties in the vicinity. It’s crucial to consider whether this reflects underlying issues or if it presents a genuine opportunity for a good value purchase. Potential buyers should carefully review the leasehold details and any associated service charges before making a purchase decision. Due diligence is vital to ensure a clear understanding of all costs involved. A lack of available comparable listings with square footage, further limits a conclusive assessment of the price per square foot, although it appears comparatively low in the context of the area. The provided data from the surrounding streets are largely insufficient for definitive price comparison, hence this needs to be verified independently.

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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