Homewise says ..

Property Oracle says ..

This property is a 2-bedroom apartment located in Stoke, Plymouth, Devon. The listing indicates that it is close to Devonport train station and several schools. The provided photographs showcase a modern apartment that appears well-maintained and recently refurbished, including a modern kitchen and bathroom. However, the lack of information regarding the total square footage of the property makes it challenging to determine the price per square foot, making it difficult to gauge its value. The significant price variation amongst nearby properties (ranging from £24,000 to £220,000) suggests a range of property types and sizes in the area. The listing also notes it is a ‘Home for Life Lifetime Lease for OVER 60s’, meaning the price may be reflective of the leasehold terms and not comparable to outright purchases. A prospective buyer should carefully examine the lease terms and conduct thorough due diligence, including a full property survey, before making an offer. The absence of outdoor space is a noteworthy consideration for potential buyers. The nearby transportation links and schools are positive aspects of the location. In summary, the property presents itself well visually and is conveniently situated, but a complete understanding of its value requires more information concerning the precise square footage and leasehold specifics.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images