Lewis White says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom apartment located on Bell Street in Reigate, Surrey. Its proximity to Reigate Priory Community Junior School (0.35km) and Reigate College (0.61km), both with outstanding Ofsted ratings, is a significant positive. Reigate train station is also within walking distance (0.86km), offering convenient access to commuting routes. The location in Reigate town centre suggests easy access to shops, restaurants, and other amenities. The images show a modern, well-maintained apartment with a contemporary kitchen and bathroom. The apartment appears to be in excellent condition, with new fixtures and fittings. The open-plan living area is well-lit and spacious. The plot size is relatively small at 368.70 sqft, indicating a lack of outdoor space such as a garden. This is typical for apartments in town centre locations. Considering the list price of £220,000, the average price in the area (£599,717) and average price per sqft (£506.00), this property appears significantly underpriced. However, the average price and price per sqft are likely skewed by larger properties. The nearby comparable listings, although lacking sqft data, show prices ranging from £225,000 to £350,000 for one-bedroom apartments in similar locations. Given its condition, location, and amenities, the list price of £220,000 could be considered a good value, particularly for a first-time buyer or investor. More data on the size of comparable properties would assist in a more precise valuation.

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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