Julie Philpot says ..

Property Oracle says ..

This property is a studio apartment located on Arlidge Crescent in Kenilworth, Warwickshire. The listing highlights its proximity to good schools and transport links, which are definite positive points for potential buyers. The apartment itself appears functional but could benefit from some modernisation and updating; particularly within the kitchen and bathroom. The outdoor space is limited, with a relatively small garden area, that seems to need some landscaping work. The current market prices within Kenilworth show a range from more modest homes at £40,000 to very large family homes for £470,000. Therefore the asking price is at the lower end of the price range, and taking into account the nearby properties, appears to be on the higher side of the average price given the square footage of the property and the condition, however the lack of data on this point within the immediate neighbourhood makes this difficult to ascertain accurately. Overall, this property represents a potential investment opportunity for a first-time buyer or investor, especially if they are willing to undertake minor renovation work to improve the aesthetics and value. Further investigation into potential repairs and modernisation costs should be undertaken before making a purchasing decision.

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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