Ellis Hay says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located on Crown Crescent in Scarborough, North Yorkshire. The list price is £84,950, and the property has 478.04 sqft of living space and a 522 sqft plot. The property appears to be in reasonable condition based on the provided photos. While it is not brand new, it seems well-maintained and habitable. The kitchen and bathroom appear functional and relatively modern. The living areas are furnished and appear comfortable. There is no obvious need for major renovations. The location is in Scarborough, a seaside town in North Yorkshire. The proximity to Scarborough train station (0.65km) is a positive aspect, offering convenient access to public transportation. Several schools are also within a reasonable distance, including Scarborough Pupil Referral Unit (0.50km) and Childhaven Community Nursery School (0.94km). The area seems reasonably well-served by amenities although more information on the specifics of local shops and other facilities would be helpful for a complete assessment. The average price per sqft in the area is £228.00. Considering the property’s size (478.04 sqft), a rough estimate of its value based on average price per sqft would be approximately £109,000. However, the list price is significantly lower at £84,950. Several nearby properties on Crown Crescent and Crown Terrace have significantly higher list prices, suggesting that the subject property might be undervalued. The lower price could be due to the smaller size of the apartment or the lack of outdoor space. Further analysis of comparable properties, specifically the type of property (apartment vs house), would be needed to confirm this. The limited information on nearby listings prevents a more precise price comparison. The fact that the property is an apartment and not a house might also influence the lower price point.

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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