Bourne Estate Agents says ..

Property Oracle says ..

This property is a studio apartment located on York Road in Guildford, Surrey. The apartment is situated in the Holy Trinity area, close to Guildford town centre. The location benefits from good transport links, with London Road train station just 0.20km away, providing convenient access to London and other destinations. Several highly-rated schools are within a reasonable distance, including Pewley Down Infant School (Outstanding Ofsted rating) and Sandfield Primary School (Good Ofsted rating). The proximity to these schools makes the property attractive to families.

Based on the provided images, the property appears to be in need of some modernisation. The décor is dated, and while the structure seems sound, updating the kitchen and bathroom would significantly improve its overall condition and appeal. The property includes a small, overgrown garden. This adds some outdoor space, but it requires significant maintenance and landscaping.

Considering the list price of £150,000, the average price for properties in the area is significantly higher (£691,956), and the average price per square foot is £687. This apartment, at 317 sqft, is priced considerably lower than the average. However, this is likely due to its condition and the fact that it is a studio apartment with no bedrooms. Nearby comparable properties on York Road range from £155,000 to £325,000, with one outlier at £2,000,000. The lower end of this range aligns more closely with the list price of this property, given its condition and size. The price point may therefore be reasonable for a buyer looking for a renovation project in a desirable location. However, potential buyers should factor in the cost of renovations to accurately assess the property’s overall value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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