Adrians says ..

Property Oracle says ..

The property is a two-bedroom retirement apartment located in a popular retirement complex in Great Baddow, Chelmsford. The apartment is situated on the first floor and benefits from desirable views over the communal gardens and pond. Based on the provided images, the property appears to be in good condition. The interior is clean and well-maintained, with modern fixtures and fittings. There is evidence of some wear and tear, but nothing that would require significant repair or renovation. The property does not appear to have a private garden, however, residents have access to communal gardens and a pond. This is a significant feature for retirement properties, offering outdoor space and a community atmosphere. Considering the average house price in the area is £377,613 and the average price per square foot is £367, the list price of £180,000 for this 670 sqft property seems reasonable. The property is a retirement apartment, and these tend to command lower prices than comparable family homes. Nearby similar properties are listed at prices ranging from £110,000 to £250,000, supporting the reasonableness of the asking price. The location, close to local amenities and transportation links, also contributes to its value. The property’s condition further supports its price point. While not luxurious, it is well-maintained and suitable for retirement living.

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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