Stratton & King Ltd says ..

Property Oracle says ..

Alexandra Lodge is a retirement property located in Thornbury, South Gloucestershire. Based on the provided images, the property appears to be in excellent condition, with modern fixtures and fittings throughout. The apartment benefits from a private balcony, and communal gardens are also available for residents. The property is a one-bedroom apartment with one bathroom, and a total area of 690.83 sqft. The list price is £349,950. Thornbury is a town in South Gloucestershire, and the property’s location is convenient to several amenities. Several primary and secondary schools are within a short distance, and while specific transport links aren’t detailed, the property’s location within Thornbury suggests reasonable access to local shops and services. The average price for properties in the area is £407,334, with an average size of 1,230 sqft and an average price per sqft of £331. The subject property is significantly smaller than the average, at 690.83 sqft. Considering its smaller size and the fact that it is a retirement property, the list price of £349,950 seems relatively high compared to the average price per sqft in the area. However, the property’s modern condition and inclusion of a private balcony and communal gardens may justify the higher price per sqft. Further analysis of comparable properties in the area would be needed to definitively assess the value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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