Stratton & King Ltd says ..

Property Oracle says ..

Manor Lodge is a retirement property located in Ruddington, Nottinghamshire. The property is a one bedroom, one bathroom apartment with a total area of 365.85 sqft and a plot size of 550 sqft. Based on the images provided, the property appears to be in excellent condition and is modern in style. The apartment benefits from a private balcony and access to communal gardens. The location is excellent, with nearby schools rated as outstanding or good by Ofsted and convenient access to transportation links to Nottingham. The list price of £275,000 is slightly below the average price for the area (£372,982), but considering the smaller size of the apartment compared to the average property size in the area (365.85 sqft vs 986 sqft), the price per sqft is higher than the average (£378). However, the property’s excellent condition, desirable location, and inclusion of a private balcony and communal garden, may justify the higher price per sqft. More information on the average price per sqft for similar retirement properties in the area would be needed to provide a more definitive assessment of the value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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