Martin & Co says ..

Property Oracle says ..

The property is a 1-bedroom apartment located in Plymouth, Devon. The Barbican area is known for its historic waterfront location, offering scenic views and proximity to amenities. The apartment itself is situated on New Street, which is within walking distance of several schools, including Ace Schools Plymouth (0.40 KM) and Holy Cross Catholic Primary School (0.69 KM). The Great Western Railway station in Plymouth is also relatively close (1.52 KM), providing convenient access to other parts of the UK. The area also benefits from its proximity to the waterfront, offering recreational opportunities and potentially boosting property value.

Based on the provided images, the apartment appears to be in generally fair condition, though some aspects could be improved. The walls and carpets show signs of wear, and the bathroom could benefit from some modernisation. The kitchen is functional but dated. The property is a period property with exposed beams which adds character. However, the overall condition is not exceptional.

The property does not appear to have a garden or any significant outdoor space. The plot size is listed as 0.00 sqft.

Considering the list price of £130,000, the average price of similar properties in the area (£244,978), and the average price per square foot (£312.00), this property seems potentially underpriced. However, the condition of the property needs to be factored in. The average price per sqft in the area is £312.00 and this property is listed at £334.00 per sqft. The lower price may reflect the need for some modernisation and the lack of outdoor space. Nearby properties on New Street have sold for significantly more, suggesting that this property could be undervalued if renovated. However, the lower price may also be a reflection of the smaller size and lack of outdoor space.

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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