Jeffrey Ross says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in Llanishen, Cardiff, with a list price of £110,000. The apartment is 384.60 sqft and sits on a 474.00 sqft plot. The location is convenient, with several primary and secondary schools within a short distance, including Coed Glas Primary School (0.16 km), The Court Special School (0.36 km), and Llanishen High School (0.45 km). Public transportation is also readily available, with Llanishen train station just 0.53 km away. This makes the property attractive to families and commuters. However, the average house price in the area is significantly higher (£331,634) than the list price of this property, which may indicate a lower desirability for apartments compared to houses in this location. Nearby street average prices also vary considerably, with Melbourne Road having a much lower average price (£171,990) than other nearby streets. Based on the provided images, the apartment appears to be in reasonable condition. The fixtures and fittings look relatively modern and well-maintained, although some minor cosmetic updates might enhance its appeal. The property benefits from a communal garden area which is a positive. There is no evidence of significant damage or neglect. Considering the list price of £110,000, the average price per sqft in the area is £382. This property is significantly below the average price per sqft, even considering its smaller size and apartment type. However, the significantly lower average price of nearby apartments on Fidlas Road suggests the price may be more in line with similar properties in the immediate vicinity. The relatively low price could make it attractive to first-time buyers or investors, but further investigation into the specific reasons for the lower price may be warranted. The property includes a communal garden area, which is a positive aspect for apartment living. However, the size of the private plot is relatively small.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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