D J Alexander says ..

Property Oracle says ..

The property is a 3-bedroom flat located at 7 (2F2) Ellen Street, Dundee, DD1 2QQ. It has a list price of £120,000, and is 566.33 sqft in size. The plot size is 617 sqft. The property appears to be in good condition based on the images provided. The interior is modern and well-maintained, with updated kitchen and bathroom fixtures. There is no visible evidence of significant repairs or renovations needed. The property includes a small garden area, as shown in the provided images. While not extensive, it does offer some outdoor space. Considering the list price of £120,000, the average price in the area is £321,187 with an average price per sqft of £291. This property is significantly below the average price for the area. However, the average sqft is 1102 sqft, almost double the size of this property. The smaller size and the fact that it is a flat (as opposed to a house) could explain the lower price. Nearby comparable properties on Ellen Street sold for £130,000 and £55,000. Given these comparable properties, the property at £120,000 seems reasonably priced, though further analysis of the specifics of those sales would be needed to confirm this. The location is close to Dundee city centre (1.41km to Dundee ScotRail station). More information on the proximity to schools, shops, and other amenities would be needed for a complete assessment of the location.

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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