The Personal Agent says ..

Property Oracle says ..

The property is a 2-bedroom retirement property located on The Parade in Epsom, Surrey. It’s situated in a town location and is relatively close to several transportation links, including Epsom train station (0.54 KM), making commuting convenient. The proximity to several schools, such as Epsom Primary and Nursery School (rated ‘Good’ by Ofsted) and St Joseph’s Catholic Primary School (rated ‘Outstanding’), is a positive attribute for families or those considering future investment.

The property itself appears to be in good condition based on the provided images. The interior is well-maintained and presented, suggesting minimal need for immediate repairs or renovations. The kitchen and bathroom are modern and functional. The communal areas, including the garden, also appear well-kept and add to the overall positive impression of the property’s condition. The property includes a communal garden, which is a desirable feature, especially for retirement properties.

Considering the list price of £260,000, the average price in the area (£417,357), and the average price per square foot (£446), this property seems reasonably priced. While the average price per square foot is higher than the implied price per square foot of this property, this is likely due to the property being a retirement property and the fact that it is smaller than the average property in the area. The lower price point may also reflect the smaller size of the property compared to other properties in the area. However, the location, condition, and included communal garden add value, making the asking price potentially competitive within the Epsom retirement property market.

The property benefits from being in a convenient location with good transport links and nearby schools. The interior is well-maintained, and the communal garden is a desirable feature. The price point appears reasonable considering the market conditions and the property’s features.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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