Smart Homes Ltd says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment located in Newman Square, Shirley, Solihull. The apartment is modern and appears to be in excellent condition based on the provided photographs. The interior is well-presented and the fixtures and fittings look new. There is no garden associated with the property; however, there is a small balcony.

The location is reasonably convenient, with several primary and secondary schools within a short distance. Public transport links are also available, with Shirley train station approximately 3.13km away. The area’s average house price is significantly higher than the list price of this property, suggesting it may be undervalued. However, it’s important to note that the average property size in the area is substantially larger at 1,276 sqft compared to this property’s 543 sqft. The average price per square foot in the area is £481, while this property’s price per square foot is approximately £211. This significant difference suggests that the property’s list price is considerably lower than the average for the area. Further investigation into comparable properties in the immediate vicinity would be beneficial to confirm this assessment.

Given the property’s apparent excellent condition, relatively convenient location, and the significant difference between its price per square foot and the area average, the price seems reasonable, potentially even representing good value for money, considering its size. However, the lack of plot size is a factor to consider.

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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