Escape & Discover says ..

Property Oracle says ..

Minety Lake, The Lower Mill Estate is a modern detached property located on the Lower Mill Estate in Kemble, Cotswolds. The property boasts 5 bedrooms and 4 bathrooms, and benefits from a waterfront location. The images show a modern, well-maintained property with a large deck, hot tub and access to the lake. The interior is contemporary in design and well-presented. The location score is high due to its desirable setting within The Lower Mill Estate, a development known for its tranquil environment and waterside living. The proximity to Kemble train station (6.70 KM) provides convenient access to transport links. Good primary schools are located within a reasonable distance (3.60 KM - 5.59 KM). The condition of the property appears excellent based on the images provided. The property is modern, well-maintained, and shows no signs of needing repair or renovation. The property includes a substantial amount of outdoor space, including a large deck and direct access to the lake. While the plot size is listed as 0.00 sqft, the images show a considerable area of land surrounding the property, suggesting a higher land score is warranted. The list price of £1,400,000 is significantly higher than the average house price in the area (£243,233). However, considering the property’s unique waterfront location, modern condition, and size, along with the higher prices of nearby properties on the Lower Mill Estate (ranging from £550,000 to £950,000), the price may be justified. Nearby comparable properties show a significant price premium for similar waterfront properties. Further analysis comparing the price per sqft to local averages would be beneficial to solidify this conclusion. The absence of sqft data for comparable properties makes this comparison difficult. The property benefits from a range of desirable features including a hot tub and access to the lake. These features add to the overall desirability and potential justification for the list price.

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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