Jameson + Mackay says ..

Property Oracle says ..

This charming terraced property located on Drummond Street in Perth is a one-bedroom, one-bathroom home with a surprisingly spacious garden. The property’s stone exterior gives it character, and while the interior appears clean and well-maintained, the kitchen and bathroom fixtures suggest a style that may be considered dated by some buyers. The property seems to have undergone some modernisation, but retains its traditional character. The list price of £115,000 is significantly lower than the average house price in the area (£363,155), and this difference is notable given the relatively small size of the property (460 sqft) compared to the average (3,428 sqft). However, the average price per square foot in the area (£105) does not provide a clear indication of value, as the data is likely skewed by larger properties. The nearby listings show a wide range of prices, from £102,000 to £435,000, indicating a varied market. The lack of information on the nearby listings’ square footage makes a direct price comparison challenging. The property’s small size and location in a more affordable area of Perth could justify the lower list price. The presence of a garden is a positive feature, especially for a property of this size. The proximity to Ardvreck School (5.84km) might be a factor for some buyers, though the distance is considerable. More information on the property’s condition and the local market would be needed for a complete assessment of the price’s reasonableness.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images