Martin & Co says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Greenburn Terrace, Aberdeen, with a list price of £55,000. The apartment has 725.49 sqft of living space and no plot size. The average property price in the area is £170,811, with an average size of 759 sqft and an average price per sqft of £225. Compared to the average, this apartment is significantly smaller and cheaper. Nearby apartment listings range from £65,000 to £95,000. Given the lower price point, the property may appeal to first-time buyers or investors seeking an affordable entry into the Aberdeen market. Based on the images, the apartment appears to be in reasonable condition. The rooms are clean and appear to have recently been decorated. The kitchen and bathroom are functional but could benefit from some modernisation. The building itself appears to be a multi-unit block of flats. There is no evidence of significant damage or disrepair. The lack of a garden is a factor to consider. The location is near Dyce, which is 2.97 km away and has a ScotRail station. This provides easy access to public transportation. Springwood School is also relatively close, approximately 9.89 km away. However, information regarding the quality of the school is unavailable. More information on local amenities and the overall desirability of the area would be beneficial in providing a more comprehensive location assessment. Considering the property’s size, condition, and location, the list price of £55,000 seems relatively reasonable in comparison to similar properties in the area. However, a more in-depth analysis of the local market and a property survey would be needed to confirm this.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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