Rice & Roman says ..

Property Oracle says ..

This property is a retirement property located in Esher Park Avenue, Esher, Surrey. It has two bedrooms, two bathrooms, and a total area of 709.96 sqft. The plot size is 1,049.00 sqft. The list price is £500,000. The property is situated in Esher, which benefits from relatively close proximity to several railway stations providing links to London and other parts of the UK. There are also a number of schools within a reasonable distance, including Esher Church School and Esher Church of England High School, both rated as ‘Good’ by Ofsted. This positive aspect contributes to the desirability of the location for families and retirees alike. Based on the provided images, the property appears to be in good condition. The interior is clean and well-maintained, with modern fixtures and fittings. There is evidence of a fireplace, which could be a desirable feature for potential buyers. The kitchen appears functional but could benefit from some updating. The property benefits from a communal garden area which is well-maintained. Considering the average price per sqft in the area is £675 and this property is listed at £500,000, the price seems reasonable, especially given its location and condition. However, the average house price in the area is significantly higher at £1,320,850, suggesting that this property may be undervalued, or that it is priced competitively within the retirement property market segment. The smaller size of this property compared to the area average may also contribute to its lower price. Nearby comparable retirement properties are listed at £450,000 and £475,000, supporting the argument that the list price is competitive.

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

Images