Gilbert & Rose says ..

Property Oracle says ..

The property is a one-bedroom apartment located on East Street in Rochford, Essex. The list price is £110,000, and the property has 550 square feet of living space. The apartment appears to be in reasonable condition. The interior photos show a recently decorated apartment with modern appliances. There is some wear and tear on the furniture, but the property itself seems well-maintained. The location is good; Rochford is a town with good transport links, including a train station less than a kilometer away. There are also several schools within a reasonable distance. While the property itself does not have a plot of land, there is communal green space visible in the aerial photographs. The lack of private outdoor space is a drawback, but the communal area partially compensates for this. Considering the average price per square foot in the area is £418, and this apartment is listed at £110,000 for 550 square feet, the price seems relatively reasonable. However, the average house price in the area is significantly higher at £421,382. The lower price of this property is likely due to its size and the lack of private outdoor space. Nearby comparable properties support this assessment; a ground floor flat is listed for £100,000, while other properties on East Street range from £80,500 to £950,000, reflecting the diverse property types and sizes in the area.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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