MADE says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat with a total area of 575.87 sqft. The list price is £160,000. The average price for properties in the area is significantly higher at £315,238, with an average price per sqft of £342. This one-bedroom flat is considerably smaller than the average property size in the area (575.87 sqft vs 921 sqft). The property appears to be in good condition based on the provided photos. The kitchen and bathroom look newly renovated or recently updated, and the rest of the flat presents a clean and modern aesthetic. There is also a small, private, gravelled garden area. The location is in St. Leonards-on-Sea, close to St Leonards Warrior Square train station (0.74km). Several primary schools are within a reasonable distance, including Christ Church Cofe Primary And Nursery Academy (rated ‘Good’ by Ofsted) which is 0.74km away. The proximity to transport links and schools could be considered positive aspects of the location. Considering the property’s condition, location, and small size, the list price of £160,000 appears relatively reasonable compared to other similar properties in the area. However, the lack of plot size is a notable factor. The average price per sqft in the area is significantly higher than what this property is listed at, suggesting it may be undervalued, especially considering its apparent good condition. However, the lack of information on comparable properties with similar sizes and features makes it difficult to definitively assess the price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images