Sharman Quinney says ..

Property Oracle says ..

The property is a 1-bedroom apartment located on Homerton Street in Cambridge, with a list price of £72,000. The apartment is 440 sqft and has one bathroom. The property appears to be in good condition based on the provided images. The kitchen and bathroom are modern and well-maintained. The living areas are clean and unfurnished, suggesting the property is ready for a new owner to move in. There is no evidence of significant damage or repairs needed. While the plot size is listed as 0 sqft, the images show the apartment is part of a larger building, suggesting access to communal outdoor space. There is no private garden. Considering the average price of properties in the area is £467,368 and the average price per sqft is £531, the list price of £72,000 for this 440 sqft apartment is significantly below average. However, it’s important to note that the provided data on nearby listings has inconsistent sqft information, making direct comparison difficult. The significantly lower price may reflect the smaller size of the apartment compared to other properties in the area. The lack of private outdoor space also likely contributes to the lower price. The location is positive, with several schools and transportation options within a reasonable distance. Hills Road Sixth Form College, an outstanding-rated school, is particularly close. Cambridge train station is also within walking distance. This convenient location adds to the property’s appeal, even if the price is significantly below market average. The property is a good option for first-time buyers or investors looking for an affordable property in a convenient location. However, potential buyers should be aware of the lack of private outdoor space and the smaller size compared to other 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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