Clarke Gammon says ..

Property Oracle says ..

This property is a two-bedroom retirement flat located in Chestnut Avenue, Guildford, Surrey. The location is convenient, offering proximity to Guildford town centre and a range of amenities including schools and transport links. Several well-regarded schools are within walking distance, adding to the property’s appeal for families or those seeking proximity to good educational institutions. Guildford railway station provides easy access to London and other parts of the UK. The property itself is presented as a spacious flat, offering two double bedrooms. However, the provided photographs show a property that is in need of modernisation. The decor and fittings appear dated, and some aspects of the property seem worn and in need of upgrading. The kitchen and bathroom would benefit from a complete renovation. While functional, they are not aesthetically pleasing and don’t meet modern standards. There is a small external balcony space available. The absence of detailed plot size information, typical in retirement flats, prevents a thorough assessment of outdoor space. The listing price of £305,000 should be reviewed in the context of the aforementioned conditions and size. More data, including the actual square footage of the property and a comparison with similar recently sold properties (especially retirement flats) in the same area would provide more certainty in determining the value of the property. The information provided does suggest that the property is a potentially viable option, requiring a level of modernization in order to achieve a higher value, which should be assessed against its location and other similar properties. The retirement property aspect of the property may also influence the demand and thus pricing.

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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