William Rose says ..

Property Oracle says ..

The property is a one-bedroom retirement apartment situated within the Devereux Court development in Woodford Green. The apartment appears to be in good condition from the photographs; it’s well-maintained and modern. The kitchen and bathroom are clean and functional. The living area is spacious and bright. The location in Woodford Green benefits from proximity to several amenities. Woodford Green Preparatory School is less than half a kilometer away, and Woodbridge High School, rated “Good” by Ofsted, is approximately 0.85km away. Several other schools are also within a reasonable distance. While specific distances to shops and transportation are not provided, the mention of Woodford station in nearby listings suggests convenient access to public transportation. The property includes access to communal gardens, which is a positive aspect for residents. However, the apartment itself does not appear to have a private garden. Considering the list price of £275,000, the average price of properties in the area is significantly higher at £832,234. The average price per square foot is £649. However, it is important to note that the square footage of the subject property is not provided, and the average price per sqft is based on the overall area average, not necessarily comparable properties. Given that this is a one-bedroom retirement apartment, the price seems relatively reasonable in comparison to other nearby retirement apartments listed at £280,000. However, without knowing the square footage, a definitive assessment of the price-to-size ratio is impossible. The nearby properties on Anworth Close, while not directly comparable due to differences in size and type, are significantly more expensive, suggesting that the subject property is priced competitively within its niche market.

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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