YOUR MOVE First says ..

Property Oracle says ..

This property is a 3-bedroom, 2-bathroom flat located on Wellgate in Lanark, South Lanarkshire. The flat is 736.13 square feet and is listed at £142,500. The property appears to have been recently renovated to a good standard. The kitchen and bathrooms are modern and well-equipped. The décor is contemporary and neutral, creating a bright and airy feel. There is a small, enclosed rear garden area. The location is central in Lanark town centre, providing easy access to local amenities and transport links. Lanark train station is within walking distance. However, there is no information provided about the quality of local schools. Considering the average price per square foot in the area is £243, and the list price of this property is £142,500, the price per square foot is approximately £193. This suggests the property may represent good value for money, especially given its recently renovated condition. However, it is worth noting that the average property price in the area is significantly higher (£256,412), and the average property size is also larger (1,054 sq ft). The smaller size of this property and its location in a central area could account for the lower price. Nearby comparable properties are also significantly lower in price, suggesting the listing price might be slightly higher than the average for similar properties in the area. The lack of plot size information prevents a full assessment of the land aspect. While there is evidence of a small garden area, the limited space should be considered.

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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