Reeds Rains says ..

Property Oracle says ..

Rye is a popular tourist town in East Sussex, with a historic harbour and a thriving independent shopping scene. The property’s location on Strand Quay places it within easy walking distance of the town centre, and the nearby Rye railway station provides convenient access to other parts of the UK. The presence of several primary and secondary schools within a reasonable distance adds to the appeal of the location for families.

Based on the provided images, the property appears to be in generally good condition, although some areas could benefit from modernisation. The kitchen appears recently updated, however, the carpets in the living areas and bedrooms look worn and stained, and the walls show some minor damage. A fresh coat of paint and new carpets would significantly improve the overall presentation.

The property’s plot size is relatively small, being only 451 square feet, and does not include a private garden. The external space is shared communal grounds.

Considering the property’s size (451 sqft), location in Rye, and condition (requiring some modernisation), the list price of £160,000 appears to be at the lower end of the market value. The average price per square foot in the area is £302, suggesting that a similar-sized property in better condition might command a higher price. However, the relatively low price may reflect the need for some modernisation and the smaller size compared to the average property in the area. The nearby comparable properties listed for sale at similar prices also support this assessment.

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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