Russell Property says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom apartment situated in Bishop’s Stortford, a town in Hertfordshire. The apartment appears to be part of a converted building, with a brick exterior and arched windows, suggesting a potentially historic structure. The interior is modern and well-maintained, shown in the photos. The apartment benefits from a good-sized living area and a separate kitchen. The property includes a small plot of land (475 sqft). The location is positive, with the property being within walking distance of Bishop’s Stortford town centre. The proximity to local amenities and the mainline train station is a significant advantage, enhancing its convenience and appeal. Several schools are also located nearby, making this an attractive option for families or those who value access to education. The presence of nearby transportation links, including Bishop’s Stortford train station and Stansted Airport, further improves the location’s score. The condition of the property appears to be excellent based on the provided images. The apartment looks recently renovated or well-maintained, with modern fixtures and fittings. There is no visible evidence of damage or disrepair. The price of £230,000 is significantly lower than the average house price in the area (£617,699). However, it’s important to note that this is an apartment, not a house, and the square footage is not provided, making a direct price per square foot comparison impossible. Considering the lower average price of nearby apartments (ranging from £210,000 to £315,000), the listed price of £230,000 seems reasonable, especially given the property’s apparent good condition and convenient location. The smaller plot size compared to average properties in the area should be taken into account when assessing value.

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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