David Baker says ..

Property Oracle says ..

The property is a semi-detached house located on Beach Lane, Penarth, with a list price of £550,000. It boasts two bedrooms and two bathrooms, and a total area of 982.88 sqft. The plot size is not specified. The property’s location in Penarth, St. Augustine’s, offers proximity to several amenities. Penarth train station is within a short distance, providing convenient access to Cardiff and other areas. Several schools, including Albert C.P. School and Westbourne Schools, are also nearby. The coastal location is a significant advantage, offering scenic views and recreational opportunities. Based on the provided images, the property appears to be in excellent condition. It has been recently renovated or updated, with a modern kitchen and bathrooms. The interior is bright and well-maintained, suggesting a high standard of upkeep. The property also features a spacious roof terrace with stunning sea views, adding significant value. While the plot size is not specified, the presence of the substantial roof terrace partially compensates for the lack of a traditional garden. This outdoor space provides a valuable amenity for relaxation and entertaining. Considering the average house price in the area is £406,838 and the average price per sqft is £381, the list price of £550,000 for this 982.88 sqft property seems slightly high but justifiable given its excellent condition, desirable location, and the unique feature of a large roof terrace with sea views. The higher price may reflect the premium associated with properties offering such views and amenities in a sought-after coastal location. Nearby comparable properties support this assessment, although a lack of sqft data for those properties makes precise comparison difficult. The property benefits from a modern, updated interior and a significant outdoor space, which are highly desirable features in the current market. These factors likely contribute to its higher-than-average price per sqft.

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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