Cooper & Tanner says ..

Property Oracle says ..

The property is a one-bedroom apartment in Cheddar, Somerset. Cheddar is a popular village, and the apartment’s location is described as being in the heart of the village, with amenities within walking distance. The proximity to Cheddar First School (0.41 km), Cheddar Building (0.44 km), and The Kings of Wessex Academy (0.66 km) is a positive aspect for families or those who value access to education.

The images show a modern, well-maintained apartment. The interior appears clean, recently decorated, and in good condition. The kitchen and bathroom are modern and functional.

The apartment is part of a development designed for those over 55. While the description mentions communal gardens, the images show a small, paved patio area immediately outside the apartment, rather than a large private garden.

The list price of £140,000 is significantly lower than the average house price in the area (£419,483). However, it’s important to note that the average price per square foot (£402) is based on larger properties. The small size (57.50 sqft) of this apartment and its status as part of a retirement development, which often commands lower prices than traditional houses, help explain the lower list price. The price seems reasonable considering the property type and size, but a direct comparison to average price per sqft is not appropriate without more data on similar properties. Considering other nearby one-bedroom apartments listed at £140,000 and £160,000, the price appears to be in line with the market for similar properties in this development.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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