Laurel & Wylde says ..

Property Oracle says ..

The property is a 1-bedroom apartment located in Cheddar, Somerset. The apartment is modern and well-maintained, as evidenced by the provided images. The kitchen and bathroom appear new or recently renovated, and the overall condition of the property suggests a high level of upkeep. The apartment benefits from access to a communal garden area, which offers outdoor space for residents. While the list price of £150,000 is significantly below the average house price in the area (£419,483), this is expected given the property type (apartment versus detached houses in the nearby listings) and size. The lack of square footage data for the subject property and nearby properties makes a precise price-per-square-foot comparison challenging. However, considering the modern condition, the presence of a communal garden, and the location within Cheddar, the list price appears reasonable for a 1-bedroom apartment in this market. The nearby comparable property, Acacia Court, sold for £125,000, providing further support for the list price. The proximity to schools, such as Cheddar First School and The Kings of Wessex Academy, enhances the property’s desirability. Based on the above, the property is well-maintained and offers a good value for money in a convenient location.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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