Stratton & King Ltd says ..

Property Oracle says ..

Stokes Lodge is a retirement property located in Camberley, Surrey. The property is a 1-bedroom, 1-bathroom apartment with a total area of 364.30 sqft and a plot size of 506 sqft. The list price is £145,000.

The property appears to be in good condition based on the provided images. The kitchen and bathroom are modern and well-maintained. The living areas are clean and tidy, and the overall presentation suggests that the property is well-cared for and ready for immediate occupation. There is no apparent need for major renovations or repairs.

While the plot size is relatively small, it’s important to consider that this is a retirement property, and smaller spaces are often more manageable for older residents. The property’s location within Stokes Lodge offers access to communal amenities, potentially including communal gardens or outdoor spaces, which could offset the smaller private plot size.

Considering the average price per sqft in the area is £446, and the property is listed at £145,000, the price seems reasonable. However, the average house price in the area is significantly higher (£417,357), and the average sqft is much larger (935 sqft). The lower price point of this property is likely due to its smaller size and retirement-specific features. Nearby comparable properties, while limited in data, suggest a range of prices, with some properties listed at similar prices. This suggests that the list price is competitive within the local market for retirement properties. The proximity to Camberley town centre and its transport links is a positive factor influencing the price. The location is convenient, with Camberley train station within close proximity, providing easy access to London and other areas. The presence of nearby schools, although their quality is not fully detailed, suggests a family-friendly surrounding area, which could contribute to the desirability of the location.

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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