Sealeys Walker Jarvis says ..

Property Oracle says ..

The property is a retirement property located in Gravesend, Kent. It’s a one-bedroom, one-bathroom apartment with a size of 484.81 sqft. The listing price is £120,000.

The property appears to be in good condition based on the provided images. The interior is modern and well-maintained, with updated fixtures and finishes. There is communal outside space.

The location is reasonably good, with several schools within a short distance, including Mayfield Grammar School, which has an “Outstanding” Ofsted rating. Gravesend train station is also relatively close, providing convenient access to transportation links.

Given the average price per sqft in the area is £304 and the property’s size, a comparable property might be expected to list for around £147,000 (£304 x 484.81 sqft). However, the actual list price is significantly lower at £120,000. This suggests the price may represent good value, considering its apparent condition and location, although the lack of private outdoor space is a factor. The lower price may also reflect the property’s status as a retirement property, which may appeal to a more niche market. Nearby comparable retirement properties are listed between £120,000 and £165,000.

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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