Watts & Morgan says ..

Property Oracle says ..

The property is a 1 bedroom, 1 bathroom house located on Anchor Road in Penarth, South Glamorgan. It is a modern apartment with 362.5 sqft of living space and a 462.5 sqft plot. The list price is £185,000.

The apartment appears to be in excellent condition, with a modern kitchen and bathroom. The décor is contemporary and neutral. There is no evidence of wear and tear or the need for renovation.

The location is excellent, situated near Penarth Marina and within walking distance of the town center. Several schools are also nearby, although specific Ofsted ratings and reports are not provided. The proximity to the railway station provides good transport links.

The price of £185,000 seems reasonable when compared to the average price per sqft in the area (£381.00). However, the average house price in the area is significantly higher (£406,838), and the average sqft is larger (1,067 sqft). This suggests that the property may be undervalued, especially considering its modern condition and desirable location. The limited size of the property and plot compared to other properties in the area should be considered. Nearby properties on Anchor Road have sold for significantly more, ranging from £205,000 to over £300,000. However, these are terraced houses and not apartments. The nearby apartment listings show a range of prices between £197,500 and £350,000, providing a more direct comparison.

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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