Cumbrian Properties says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment situated in Penrith, Cumbria. Its location in Penrith South places it within easy reach of the town centre, benefiting from convenient access to local amenities, including shops and transportation links, such as the Penrith (North Lakes) train station, which is less than a kilometre away. The presence of several schools within a short distance, including North Lakes School and Brunswick School, both rated ‘Good’ by Ofsted, further enhances its family-friendly appeal. However, the lack of information regarding the property’s square footage prevents a detailed analysis of price per square foot and therefore a complete assessment of its value relative to similar properties in the area. From the photographs, the property appears to be in excellent condition. The interior is modern, well-maintained, and tastefully decorated. The kitchen and bathroom are contemporary in style and equipped with modern appliances. There is no visible evidence of any significant repairs or renovations being required. While the listing mentions a plot size of 861 square feet, there’s no information confirming the presence of a garden. The images do not show a garden, suggesting that outdoor space may be limited to a balcony or shared communal area. Considering the list price of £37,500, a comparison with nearby property listings reveals a significant discrepancy. Nearby properties are listed at considerably higher prices, ranging from £59,000 to £150,000. Without knowing the property’s square footage, a definitive assessment of its value cannot be made. However, the significant price difference suggests that the list price for Tun House may be unusually low, potentially indicating a compelling value proposition, but further investigation is needed to confirm this.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images