Hunt Roche says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Thorpe Bay, Essex, with a list price of £450,000. The apartment has a floor area of 619.87 sqft and is situated on a plot of 863.27 sqft. The location benefits from its proximity to Thorpe Bay train station (1.10 KM), providing convenient access to c2c rail services. Several schools are also within a reasonable distance, including Greenways Primary School (rated ‘Good’ by Ofsted) at 1.44 KM and Southend High School for Girls (rated ‘Outstanding’) at 1.62 KM. The apartment appears to be in excellent condition, with modern fixtures and fittings evident in the provided photographs. The kitchen and bathrooms are contemporary and well-maintained. There is also evidence of a small, well-maintained private garden area. Considering the average price per sqft in the area is £465, and this property is listed at a price that is significantly below the average price for the area (£628,661), the list price of £450,000 may represent good value. However, it’s important to note that the average sqft in the area (1351 sqft) is more than double the size of this property. The smaller size of the apartment compared to the area average could justify the lower price. Nearby comparable properties show a wide range of prices, suggesting some price volatility in the immediate vicinity.

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