Cooper & Tanner says ..

Property Oracle says ..

The property is a one bedroom apartment located in Cheddar, Somerset. The apartment is part of a larger complex, offering communal areas and a lift. Based on the images provided, the apartment is in good condition, with a modern kitchen and bathroom. The decor is neutral and relatively modern. The apartment benefits from a private balcony overlooking a communal garden area.

The location appears to be good, with several schools within a reasonable distance. The proximity to Cheddar First School and The Kings of Wessex Academy is a significant positive for families. However, information on transport links is not available, limiting the full assessment of the location’s convenience.

The plot size is relatively small, being only 442 sqft, which is equivalent to the apartment’s size, suggesting there is no additional land beyond the apartment itself.

Considering the average price per sqft in the area is £402, and the list price of £160,000 for 442 sqft equates to approximately £362 per sqft. This suggests the property is potentially reasonably priced, although further analysis of comparable properties in the area with similar size and condition would be needed to confirm this. The average price in the area is considerably higher (£419,483), however, the average size is also significantly larger (1043 sqft). The available nearby listings offer a mixed range of prices, with some properties significantly more expensive, and others in a similar price range to the subject property. However, it’s important to note that the sqft data for the nearby listings is missing, hindering a direct comparison.

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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