Wright & Co says ..

Property Oracle says ..

The property is a studio flat located in Rochester West, Medway, Kent. The listing price is £140,000. The average property price in the area is significantly higher at £338,115, with an average price per square foot of £364. However, the provided data does not include the square footage of the subject property, preventing a direct comparison of price per square foot. The property appears to be in good condition based on the provided images. The interior is modern and clean, with updated fixtures and finishes in the kitchen and bathroom. There is no visible evidence of significant repairs or renovations needed. While the images show a pleasant view of the River Medway, there is no information provided about the property’s plot size or the presence of a garden. Therefore, no assessment of the land can be made. Considering the average property price in the area is substantially higher than the listing price of this studio flat, the price may appear reasonable, particularly if the property’s square footage is smaller than average. However, without the square footage, a definitive conclusion on the value for money cannot be reached. The proximity to transportation links and schools is a positive factor influencing location desirability.

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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