Iliffe & Iliffe says ..

Property Oracle says ..

This one-bedroom retirement apartment in Faversham’s Abbey area is listed at £138,000. The property is part of Park View Lodge, a development specifically for over-55s. The apartment’s interior, as shown in the photographs, is functional and in reasonable condition, though some aspects may appear dated to potential buyers. The apartment itself is compact, offering a suitable living space for one person or a couple. A notable aspect of this property is its location. Being in Abbey places it conveniently close to several highly-rated schools, including St Mary Of Charity Cofe Primary School and Queen Elizabeth’s Grammar School. Additionally, Faversham town centre, with its shops and amenities, is easily accessible. Transport links, including Faversham train station, offer convenient connections to broader areas. However, potential buyers should note that the property lacks a private garden; communal garden space is available. The restriction to over-55s buyers limits the potential pool of buyers. Given that the property is a retirement property, the smaller footprint and lack of extensive outside space are to be expected. Therefore, while a lack of private garden area does slightly diminish the overall value proposition, the desirable location and reasonable pricing make the property a fair value within the parameters of the over-55s market.

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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