Edward Knight Estate Agents says ..

Property Oracle says ..

The property is a 1-bedroom apartment located on Main Street in Newbold, Rugby. Given the images provided, the apartment appears to be in good condition, with a modern kitchen and bathroom. The décor is neutral and relatively modern. There is no evidence of significant wear and tear or the need for renovation. The location is in Newbold, a suburb of Rugby. The proximity to schools like Riverside Academy and The Avon Valley School, both rated “Good” by Ofsted, is a positive factor for families. The distance to Rugby train station (3.72km) suggests reasonable access to transport links. However, without precise information on local amenities and the quality of the immediate surroundings, a definitive assessment of location is difficult. Information on the plot size is missing, therefore it is not possible to comment on the amount of land available. The list price of £115,000 is significantly below the average house price in the area (£264,472). However, this is to be expected given that this is a 1-bedroom apartment rather than a house. Nearby comparable properties (flats) are listed at similar prices (between £59,950 and £120,000), suggesting that the asking price is within the range of market values for similar properties in the area. The lack of square footage data prevents a precise price-per-square-foot comparison, which would provide a more conclusive assessment of value.

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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