Barchester Healthcare Ltd says ..

Property Oracle says ..

This one-bedroom retirement apartment is located in Chorleywood, Hertfordshire, within the Chorleywood Beaumont Care Home. The property benefits from being in a desirable village location with relatively good access to transport links. The nearest tube station, Chorleywood, is approximately 1.63 km away. The apartment itself, judging from the provided images, is clean and appears in good order. It features a fitted kitchen and bathroom, which are reasonably modern although some may find the aesthetic dated. The property is part of a larger retirement complex and therefore offers access to shared communal landscaped gardens and amenities. While the condition of the apartment is satisfactory, the significant limitation is that the apartment has no private outside space. This is also reflected in the listing of 0 sqft plot size. The lack of private outdoor space will affect the potential buyers of the property. The price of £295,000 is competitive when considering similar properties in the area, especially given it’s in a popular retirement community. However, there are some comparables which have a similar price range, with larger space and better features. This, therefore, would reduce the appeal of the apartment to buyers in comparison to other options. The property’s appeal is primarily to those seeking convenient retirement living in a desirable location but who don’t need or want a larger property or a private garden. Overall, it presents as a reasonably priced, well-maintained retirement option in a good location but with its target market significantly reduced by the limited private space.

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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