Wiglesworth says ..

Property Oracle says ..

Leamington Spa is a desirable town in Warwickshire, known for its attractive Regency architecture, excellent shopping, and convenient transport links. The property’s location near several well-regarded primary schools, such as St Peter’s Catholic Primary School and St Paul’s Cofe Primary School, both rated ‘Good’ by Ofsted, adds to its appeal for families. The proximity to Leamington Spa railway station, providing easy access to larger cities, further enhances its desirability. However, the limited plot size is a notable drawback; there is no private garden space.

Based on the provided images, the property appears to be in reasonable condition, though it shows signs of age and could benefit from some modernisation. The kitchen and bathroom fixtures are dated, and the overall aesthetic is somewhat tired. While structurally sound, some updates would improve its overall appeal and market value. The communal areas, however, appear well-maintained.

The list price of £135,000 is significantly below the average house price in the area (£361,341). Considering the property’s size (800 sqft) and the average price per sqft (£345), a higher price might be expected for a larger, more modern property. However, the property is a retirement property, and the price reflects the smaller size and potentially lower demand compared to larger family homes. The lack of a private garden and the need for some modernisation are also factors contributing to the lower price. Considering comparable properties in the area, the price seems relatively reasonable for this type of accommodation. The lack of plot size information for comparable properties makes a precise comparison difficult.

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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