Martin & Co says ..

Property Oracle says ..

The property is a 2-bedroom apartment located on Upper Bond Street, Hinckley, Leicestershire. The apartment is part of a brick building and benefits from a small shared garden area. The interior is presented in good condition, with modern fitted kitchen and built-in wardrobes. The property is leasehold with 127 years remaining on the lease.

The location is reasonable, with Hinckley railway station approximately 1.16km away. Several primary schools are within a 1km radius, including St Mary’s Church of England Primary School and Saint Peter’s Catholic Primary School. The average price per sqft in the area is £261, significantly higher than the price per sqft implied by the list price of this property. However, this may be due to the smaller size of the apartment compared to the average property size in the area. Nearby comparable properties are listed between £115,000 and £140,000, suggesting the list price of £137,500 is within the expected range for a similar property in this location.

Based on the provided images, the property appears to be well-maintained and in good condition, requiring no immediate renovations. The small shared garden area is a positive aspect, though limited in size.

Considering the location, condition, and the relatively lower price per sqft compared to the area average, the property seems reasonably priced, although the lack of plot size may affect its 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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