Jacobs Steel says ..

Property Oracle says ..

This property is a one-bedroom apartment located in the Regency area of Brighton, a popular seaside city in East Sussex. The apartment is situated on Vernon Terrace, which is within walking distance of several excellent schools, including Brighton Hove And Sussex Sixth Form College (Outstanding Ofsted rating) and several good-rated primary schools. Brighton railway station is also relatively close, offering convenient access to other parts of the UK. The apartment itself appears to be in need of some modernisation, as evidenced by the provided photos. The kitchen and bathroom look dated, and the overall condition suggests a renovation would be beneficial. The property has a small plot size, typical for apartments in this area. While the list price of £150,000 is significantly below the average price for properties in the area (£522,540), this is likely due to its condition and small size. Nearby comparable properties range in price, with some significantly higher. Taking into account the need for renovation and the smaller size compared to other properties in the area, the price may be reasonable for an investor willing to undertake renovations, but it may not represent good value for a buyer looking for a move-in ready property.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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