Palmer Snell says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Alfred Court, Gate Lane, Wells, Somerset. The list price is £130,000.

The property appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a contemporary kitchen and bathroom. There is no evidence of significant repairs or renovations needed. The small, enclosed garden is a pleasant addition.

While the property itself is in good condition, its location within Wells needs further consideration. The average house price in the area is significantly higher (£355,683), and nearby comparable properties show a range of prices, some considerably higher than the listed price of this flat. The average price per square foot in the area is £239, however, the square footage of the property is not provided, making a direct comparison difficult. The proximity to schools like St Cuthbert’s Cofe Junior School and St Cuthbert’s Church of England Academy is a positive aspect for families. However, information on transportation links is missing.

Considering the good condition of the property, the small garden, and the relatively close proximity to schools, the £130,000 asking price may represent good value, especially when compared to some of the lower-priced nearby terraced houses. However, the lack of square footage data and more detailed information on location factors (transportation, amenities) prevents a definitive conclusion on price value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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