Hudson Moody says ..

Property Oracle says ..

The property is a 2-bedroom apartment located on Fetter Lane in York. Based on the provided information and images, the property appears to be in good condition. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. The apartment is situated in a secure gated development, offering residents peace of mind. The communal garden is a nice addition.

The location is excellent, being in the heart of York city centre and within walking distance of the train station, York Minster, and scenic walks along the River Ouse. This makes it highly desirable for both residents and potential renters. The proximity to York’s amenities and transport links significantly boosts its appeal.

While the plot size is relatively small, the presence of a communal garden partially mitigates this. The property’s size (466 sqft) is smaller than the area average (973 sqft), but this is typical for city centre apartments.

Considering the condition, location, and size, the list price of £250,000 appears to be reasonable, especially given the average price of £415,447 in the area. The average price per square foot in the area is £426, while this property’s implied price per sqft is significantly lower. However, it’s important to note that the absence of sqft data for comparable properties limits a precise price comparison. The property’s central location and good condition justify its price point relative to the local market.

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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