Purplebricks says ..

Property Oracle says ..

This two-bedroom apartment is situated on New Hall Lane, Preston, in the St Matthew’s area. The property benefits from being close to several outstandingly rated schools, including Eden Boys’ School, Olive School, and Preston Muslim Girls High School, all within a kilometer radius. Public transport links are also relatively convenient, with Preston railway station approximately 2.75km away.

The apartment itself appears to be in reasonable condition based on the provided images. While not brand new, it presents as clean and well-maintained. There is no obvious evidence of significant repair needs. The kitchen and bathrooms look modern and functional.

The lack of plot size suggests that the property does not include a private garden.

Considering the list price of £70,000, compared to the average house price of £243,024 in the area, this apartment is significantly cheaper. However, the average price per sqft in the area is £252, and this apartment is 664.13 sqft, suggesting a reasonable price of around £167,000, making the list price considerably lower. This discrepancy might be explained by the lack of outdoor space and the apartment’s location within a larger complex. Nearby comparable apartments are listed at prices ranging from £30,000 to £75,000, suggesting that the list price of £70,000 falls within the expected range for similar properties in the area.

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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