Whitlock and Heaps says ..

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom flat located in Chatham Place, Brighton, BN1 3TN. The listing price is £250,000, and the property has 513.44 sqft of living space. There is no information about the plot size. The property is situated in the St. Peter’s and North Laine area of Brighton, which is known for its vibrant atmosphere and proximity to local amenities. Several schools and transportation links are within a reasonable distance. The area benefits from good transport links, with Brighton railway station being approximately 0.66km away. Several highly-rated schools are also nearby, including Stanford Junior School (0.49km) and Brighton Hove and Sussex Sixth Form College (0.58km). Based on the photographs provided, the property appears to be in generally good condition, although some minor cosmetic updates might enhance its appeal. The property has retained some traditional features, such as the fireplace, but also shows signs of modern updates in the kitchen and bathroom. The property does not have a garden. Considering the average price per sqft in the area (£545) and the property’s size (513.44 sqft), a rough estimate of the property’s value would be around £279,626. However, the actual average price in the area is significantly higher (£433,451), and the average sqft is larger (795 sqft). The provided list price of £250,000 is considerably lower than both the average price and the estimated value based on the average price per sqft. This suggests that the property may represent good value for money, particularly given its location and proximity to amenities. However, the lack of plot size may affect its overall value. The property’s location is a significant positive factor, and although the lack of outdoor space is a drawback, the overall condition appears reasonable. The price is lower than average for the area, suggesting it is competitively priced.

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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