Davies & Davies says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in Bradford on Avon, Wiltshire. It’s situated on McKeever Bridge with a plot size of 432.50 sqft, the same as its internal area. The list price is £150,000.

The location is excellent, situated in a desirable area of Bradford on Avon. The town is known for its picturesque setting and proximity to the River Avon. The presence of several well-regarded schools within a reasonable distance further enhances its appeal to families. Convenient access to the Great Western Railway also adds to its attractiveness.

The condition of the property appears to be fair. While the building itself is attractive, the interior photos reveal that the apartment requires some modernisation. The carpets appear worn and the kitchen and bathroom appear dated. This suggests a need for some updating to bring it to a higher standard.

The property benefits from a small patio area. While it’s not a large garden, it provides some outdoor space which is a valuable asset, especially in a town centre location.

Considering the average price per sqft in the area (£397) and the apartment’s size (432.50 sqft), a rough estimate of its value would be around £171,647.50. However, the actual average price in the area is substantially higher (£452,128), and the average sqft is also much larger (1,137 sqft). The list price of £150,000 is significantly below the average price for the area, but it’s important to note that this is a smaller apartment compared to the average property in the area. The lower price may reflect the need for modernisation and the smaller size of the property. The smaller size and need for modernisation could justify the lower price, compared to other properties in the area. Further investigation into comparable properties would be needed to determine if the list price is accurate.

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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