Holland Broadbridge says ..

Property Oracle says ..

The property is a 2-bedroom retirement property located in Coleham, Shrewsbury, Shropshire. It is listed at £160,000 and has 550 sqft of living space. The property is part of a larger development, as shown in the provided images. The average price for properties in the area is £231,277, with an average size of 1021 sqft and an average price per sqft of £226. Compared to the average, this property is significantly smaller and cheaper. However, it is a retirement property, which may command a lower price per sqft than other property types in the area. The nearby comparable properties are also retirement properties, with prices ranging from £100,000 to £180,000. This suggests the listing price of £160,000 is within the range of similar properties. The property appears to be in good condition based on the images. The interior is clean and well-maintained, and the exterior of the building looks well-kept. There is no obvious evidence of significant repair or renovation needs. The property does not appear to have a private garden, though communal green space is visible in the external photos. The location is close to several schools (St Winefride’s Convent School, Coleham Primary School, Shrewsbury High School, and Shrewsbury School), and Shrewsbury railway station is approximately 1.11km away. This suggests a reasonably convenient location with access to amenities and transport links. Given the property’s size, condition, location, and the prices of comparable properties, the listing price seems reasonable for a retirement property in this area. The smaller size and lack of private outdoor space are reflected in the lower price compared to other property types in the area.

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