Stratton & King Ltd says ..

Property Oracle says ..

This property is a retirement property located in Formby, Merseyside. The property is a 1 bedroom, 1 bathroom apartment with a small balcony and communal gardens. It is situated on Lonsdale Road, which is close to local amenities and transport links, including Formby train station (1.02km). Several good primary schools are within walking distance (approx 1.2km). The property is well-presented and appears to be in good condition. The list price of £195,000 is lower than the average price for the area (£514,765), but this is likely due to the smaller size (364.6 sqft) and retirement property type. The average price per sqft in the area is £294, while this property is listed at a significantly lower price per sqft. However, comparable properties in the area (retirement properties) are also listed at lower prices. Considering the location, condition, and size, the list price appears reasonable for this type of property.

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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