Oakley Property says ..

Property Oracle says ..

The property is a one-bedroom apartment located in Seven Dials, Brighton, on Dyke Road. The apartment is part of a retirement complex, as shown in the provided photos. The location is good, with several schools within a kilometer radius, including St Paul’s Cofe Primary School and St Mary Magdalen Catholic Primary School, both rated ‘Good’ by Ofsted. Brighton Hove and Sussex Sixth Form College, rated ‘Outstanding’ by Ofsted, is also relatively close. Brighton railway station is also within walking distance, providing convenient access to transportation links. The area appears to be residential, with access to local amenities likely nearby. Based on the photos, the apartment appears to be in reasonable condition for its age. While the decor is dated, there is no visible evidence of significant damage or disrepair. The kitchen and bathroom appear functional, although again, updating would likely enhance the property. The property has access to communal gardens, as shown in the photos. While not a private garden, this provides outdoor space for residents. Considering the list price of £110,000, the average price of properties in the area (£522,540) and the average price per square foot (£555), the property seems to be significantly underpriced. However, it is crucial to note that the provided comparable properties are all retirement apartments, and their square footage is not specified. The low price is likely due to the property being a retirement apartment, which often commands lower prices than comparable properties in the open market. The lack of private outdoor space and dated interior also contribute to the lower price.

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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