Park & Bailey says ..

Property Oracle says ..

This property is a 2 bedroom, 1 bathroom retirement property located in Warlingham, Surrey. The property is part of a modern development and benefits from a communal garden.

The location is good. Warlingham is a desirable village in Surrey with good local amenities and transport links. Several highly-rated primary schools are within a short distance, and train stations providing links to London are also relatively close.

Based on the photos, the property appears to be in excellent condition. It has a modern, well-maintained interior and exterior. The communal areas also appear to be well-maintained.

The property includes access to a communal garden. While not a private garden, the communal garden appears well-maintained and provides outdoor space for residents.

Considering the property’s excellent condition, desirable location, and access to communal outdoor space, the list price of £250,000 appears reasonable. The average price per square foot in the area is £453, and this property is significantly below the average price for the area. However, it is important to note that this property is a retirement property and is smaller than the average property in the area. The smaller size and retirement property designation likely contribute to the lower price. Nearby comparable properties support this assessment, with similar properties in the area listed for sale at comparable prices.

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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