Bacon & Company says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom retirement property located in Worthing, West Sussex. The list price is £85,000, and the property has 464 square feet of living space. The average price for properties in the area is significantly higher at £442,185, with an average price per square foot of £439. The property appears to be in reasonable condition for its age and type. While the decor is dated, the fixtures and fittings seem functional and well-maintained. There is no obvious evidence of significant repair or renovation needs. The communal areas, including the garden and laundry facilities, also appear well-maintained. The property benefits from a communal garden area, providing residents with outdoor space. While this is not a private garden, it still offers a valuable amenity. Considering the significantly lower list price compared to the average property price in the area (£85,000 vs £442,185), and taking into account the property’s size and condition, the price appears relatively reasonable, particularly within the context of the local market for retirement properties. Several nearby retirement properties have similar list prices, suggesting that the asking price is in line with comparable properties. The lower price is likely due to the smaller size and lack of a private garden. The location is convenient, with nearby schools and transportation links. The proximity to Worthing town centre also provides access to various amenities and services.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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