Fletcher & Poole says ..

Property Oracle says ..

The property is a 1 bedroom retirement property located in Rhos on Sea, Conwy, Wales. The list price is £59,950. The property appears to be in reasonable condition for its age and type. While the kitchen and bathroom show some signs of wear, they are functional. The living areas are adequately furnished and the property benefits from a small, manageable garden. There is evidence of some wear and tear throughout, but nothing that would necessarily require immediate or extensive renovation. Given the property’s location in Rhos on Sea, proximity to local amenities and transportation links (Colwyn Bay train station is approximately 2.55km away), and the presence of a small garden, the location score is relatively good. The average house price in the area is significantly higher (£260,385), however, this is likely due to the different property types and sizes. The property is a retirement property, and therefore smaller than the average property in the area. Considering the average price per square foot in the area is £239, and this property is 510 sqft, a reasonable expectation for the price would be in the region of £121,700. The list price of £59,950 is significantly lower than this estimate, suggesting it may represent good value for money, especially considering its location and condition. However, it is important to note that the lack of plot size may influence the overall value. The property is a retirement property, which is reflected in its smaller size (510 sqft) and lack of significant land (0 sqft plot). The small garden is a positive attribute, though.

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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