Cooper & Tanner says ..

Property Oracle says ..

This maisonette is located in Shepton Mallet, Somerset, a charming market town in the South West of England. The property itself is a one-bedroom, one-bathroom maisonette with a floor area of 833.99 sqft. While the plot size is listed as 0.00 sqft, this likely refers to the lack of a private garden. The location benefits from its proximity to several well-regarded schools, including Shepton Mallet Community Infants’ School & Nursery and St Paul’s Church of England VC Junior School, both rated ‘Good’ by Ofsted. This makes it an attractive option for families with young children. However, information on nearby transportation links is lacking, which could impact the overall score. The images reveal a property with some unique features, including exposed wooden floors and a characterful fireplace. The kitchen appears to have been recently updated, while other areas, such as the walls and some of the flooring, show signs of needing attention. Some areas require painting and minor repairs. The bathroom, however, seems to be in good condition. Considering the overall condition, a balanced assessment is required. The list price of £187,500 is notably lower than the average house price in the area (£259,279). However, the average price per sqft of £292.00, when applied to this property’s 833.99 sqft, results in an estimated value of approximately £243,000. This suggests that the listed price could represent good value, particularly considering the need for some improvements. However, the lack of plot size and the need for some repairs should be factored into any assessment. Further comparison with nearby properties is necessary for a complete price analysis.

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

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