Jim Raw Rees & Co says ..

Property Oracle says ..

The property is a 1 bedroom flat located in Aberystwyth, Ceredigion. It is situated 0.62 km from Aberystwyth train station, providing convenient access to public transport. Several schools are within a reasonable distance, including Ysgol Plascrug (1.22 km), Ysgol Padarn Sant (1.33 km), and Yr Ysgol Gymraeg (1.66 km). The property includes a small garden, and the images suggest it is in relatively good condition, although some modernisation might enhance its appeal.

The list price is £165,000. Considering the average price per square foot in the area is £409, and this property is 360.72 sqft, a simple calculation suggests a potential value of approximately £147,000. However, the average house price in the area is significantly higher at £512,717. This discrepancy may be due to the property type (flat versus houses) and size. Nearby comparable properties, while limited in data, range from £90,000 to £250,000, indicating some variability in pricing within the immediate vicinity. The property’s location near transportation and schools is a positive factor, potentially justifying a higher price than purely square footage might suggest. The presence of a garden is also a desirable feature, particularly for a flat. The overall condition appears reasonable, with no major signs of disrepair visible in the provided images.

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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