MADE says ..

Property Oracle says ..

Markwick Terrace is located in St. Leonards-On-Sea, East Sussex. The property is a flat with one bedroom and one bathroom. It has a plot size of 497 sqft and an internal area of 415.49 sqft. The list price is £185,000.

The average price for properties in the area is £315,238, with an average price per sqft of £342. Nearby properties on Markwick Terrace range in price from £124,950 to £280,000. Several nearby properties are also flats, with similar sizes and features.

Given the property’s location near St Leonards Warrior Square train station (0.91 KM), and several good-rated primary schools within a 1.37 KM radius, the location score is relatively high. The proximity to amenities and transport links makes it an attractive location.

Based on the provided images, the property is in need of significant renovation. The interior shows dated decor, worn flooring, and requires updating throughout. The condition score reflects this.

The property has a small plot size of 497 sqft. While there is some green space visible from the windows, the actual amount of private land associated with the flat is likely limited.

Considering the average price per sqft in the area (£342) and the property’s condition, the list price of £185,000 appears reasonable, especially given its need for renovation. A buyer should factor in substantial refurbishment costs. However, the relatively low price compared to other properties in the area reflects the condition of the property.

The property shows features consistent with a period property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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