Wilson Peacock says ..

Property Oracle says ..

This one-bedroom flat situated on Penryn Avenue in Fishermead, Milton Keynes is currently listed at £140,000. The property’s location is relatively convenient, with access to local schools, and the relative closeness to Milton Keynes Central station. Although the immediate area appears to be less desirable based on the exterior images and the surrounding streets, its proximity to the amenities of Milton Keynes still provides a degree of convenience and future potential.

The condition of the property is average. While there is no visible structural damage shown in the photos, the interior needs modernising and improvements. This is particularly evident in the bathroom and bedroom.

There is no garden associated with this flat.

In terms of price, £140,000 may be on the higher side of the price range for similar properties in the area. Considering the condition, the absence of outdoor space, and the average condition, there is potential value for money for the right buyer. However, a thorough inspection and valuation are recommended. The comparative properties show a significant range (£89,500 - £270,000), with our subject property falling in the lower-mid range, possibly accounting for its condition. This flat would likely appeal to first-time buyers, investors, or individuals looking for a convenient location at a competitive price, yet who are prepared to undertake some refurbishment. Potential buyers should weigh the costs and benefits of modernising the property against the purchase price before making a decision.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images