Greenslade Taylor Hunt says ..

Property Oracle says ..

The property is a 1 bedroom apartment located on St Georges Road in Dorchester, Dorset.

The list price is £115,000. The apartment is 1,994.55 sqft.

The property benefits from a good location, being within a reasonable distance of Dorchester South and Dorchester West train stations, and several primary and secondary schools. The area also has a mix of housing types, suggesting a diverse and established community. However, the lack of plot size is a significant drawback, limiting outdoor space.

Based on the images provided, the property appears to be in good condition. The interior is clean and modern, with a recently fitted kitchen and bathroom. There is no evidence of significant wear and tear or the need for major renovations. The exterior, while simple, is well-maintained. The presence of a decked patio area provides some valuable outdoor space despite the lack of a garden.

Considering the average house price in the area is £313,665 and the average price per sqft is £317, this apartment is significantly underpriced per sqft. However, the lack of land and the fact it is an apartment, rather than a house, must be considered. While the property is in good condition and has a convenient location, the smaller size and lack of land will likely impact its overall value compared to houses in the area. The price of £115,000 may represent good value for a first-time buyer or investor looking for a low-maintenance property in a desirable location.

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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