Ashtons Estate Agents says ..

Property Oracle says ..

This one-bedroom retirement apartment in Acomb, York, presents a mixed bag. Its location is a key strength; situated on Front Street, it provides easy access to local amenities and transport links to York city centre, as well as being close to several schools. The proximity to good schools and the fact that it is near to a number of local shops is an added benefit. The presence of communal gardens also offers some outdoor space, but the lack of a private garden is a noteworthy point. However, the apartment’s condition is a significant factor to consider. The photographs reveal a dated interior, with outdated kitchen and bathroom fittings, and carpets that need to be replaced. Potential buyers should budget for a substantial renovation. While the listed price of £95,000 may appear reasonable given similar properties in the area, the significant need for modernisation means that the final cost to make the apartment livable will be significantly higher than the asking price. Overall, the property would likely appeal to buyers seeking an affordable entry point into the York market with a good location, but who are prepared to undertake extensive refurbishment work. Investors may also find it an attractive prospect given the positive aspects of the location and the potential for rental income after an upgrade.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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