Adrians says ..

Property Oracle says ..

The property is a retirement property located in Chelmsford, Essex. It is a one-bedroom, one-bathroom property with 500 sqft of living space and a 493 sqft plot. The list price is £105,000.

The property appears to be in good condition for its age. The images show a clean and well-maintained interior, with modern fixtures and fittings in the kitchen and bathroom. The communal areas also appear well-maintained. There is evidence of some communal gardens.

The location is good, with a primary school and Anglia Ruskin University nearby. Chelmsford train station is also within walking distance, providing easy access to London and other parts of the UK.

Given the property’s condition, location, and size, the list price of £105,000 appears reasonable, especially when compared to similar properties in the area. Nearby comparable retirement properties are listed between £90,000 and £120,000. The average price per sqft in the area is £408.00, but this is skewed by larger properties. This property is significantly smaller and therefore the price per sqft is higher. However, given the condition and location, the price is competitive within the market for retirement properties in Chelmsford.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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