Connells says ..

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom apartment located in Milborne Port, Somerset. The list price is £130,000. The property is 371 sqft and has no plot size specified. The apartment appears to be in reasonable condition. The images show a clean and well-maintained interior, with light and airy rooms. The kitchen and bathroom appear modern and functional. While there is no evidence of significant repairs needed, the decor is dated and could benefit from some updating to appeal to a wider range of buyers. The location in Milborne Port offers proximity to a primary school (Milborne Port Primary School) within 0.08km, which is a significant advantage for families. Train stations at Templecombe and Sherborne are within reasonable commuting distance (6.04 KM and 6.39 KM respectively). However, the lack of detailed information regarding local amenities and the overall vibrancy of the village limits a more comprehensive assessment of the location score. The absence of a garden is a notable drawback, particularly given the average plot size for the area. This significantly impacts the overall desirability of the property, especially to those seeking outdoor space. Considering the list price of £130,000 against the average price per sqft of £301 in the area, and given the property’s size of 371 sqft, a simple calculation suggests a potential value of approximately £111,771. However, this calculation doesn’t account for the condition, lack of land, and the specific characteristics of this apartment compared to other properties in the area. Nearby comparable properties range from £38,000 to £160,000, indicating a wide price range within the area. The list price of £130,000 appears to be at the higher end of this range. More detailed information regarding the property’s unique features and the current market conditions in Milborne Port is needed to determine whether this price is reasonable.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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