Farr & Farr says ..

Property Oracle says ..

This property is a 2 bedroom retirement property located on London Road in Gloucester. The property is conveniently located within a 1km radius of Gloucester train station and several schools including St Peter’s Catholic Primary School (rated ‘Good’ by Ofsted). The apartment itself appears to be in good condition, well maintained and presented to a high standard. The images show a modern fitted kitchen and bathroom, and the living areas are spacious and bright. There is also a communal garden area for residents. Given the average price per sqft in the area is £289 and this property is 812.68 sqft, one might expect a price closer to £235,000. However, the listed price of £140,000 is significantly lower. This could be due to the property being a retirement property, which often command lower prices than other property types, or that it is part of a larger complex. The lower price point makes this property potentially good value for money, especially considering its location and condition. However, the lack of plot size may be a factor for some buyers.

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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