David Baker says ..

Property Oracle says ..

This property is a retirement property located on Stanwell Road in Penarth, South Glamorgan. The property has one bedroom and one bathroom, and is 400 sqft in size. The list price is £112,500. The property appears to be in good condition based on the provided images. The kitchen and bathroom look recently updated and modern. The décor throughout is clean and well-maintained. There is no obvious evidence of wear and tear or the need for significant repairs or renovations. While the plot size is listed as 0.00 sqft, the images show that residents have access to a communal garden area. This communal garden appears well-maintained and offers a pleasant outdoor space for residents. Considering the average price per sqft in the area is £381, and this property is listed at £112,500, the price per sqft is £281.25. This is significantly lower than the average for the area. However, it is important to note that this is a retirement property and significantly smaller than the average property size in the area (400 sqft vs 1,067 sqft). The lower price may reflect the smaller size and the fact that it’s a retirement property, which often command lower prices than larger family homes. Nearby comparable properties are also listed at similar price points, suggesting the list price is reasonable within the context of the local market for retirement properties of this size. The location is excellent. The property is within walking distance of several schools, including Westbourne Schools, Bute Cottage Nursery School, and Victoria Primary School. It’s also conveniently located near Penarth train station, providing easy access to public transportation.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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