Robinson Jackson says ..

Property Oracle says ..

The property is a 1-bedroom flat located on West Street in Erith, Kent. It is listed at £76,000 and has a floor area of 480 sqft. The average price for properties in the area is significantly higher, at £355,283, with an average price per sqft of £475. Given the list price of £76,000, this property is significantly below the average price for the area. However, it’s important to consider other factors before drawing conclusions about its value. The property’s condition appears to be reasonably good, although some minor updating or cosmetic improvements might enhance its appeal. The images show a functional, if somewhat dated, interior. There is no evidence of significant structural issues or the need for major renovations. The property lacks a garden, as the plot size is listed as 0 sqft. This is a common feature of flats, and therefore should not be viewed as a negative. The location is convenient, with a railway station nearby. Several schools are within a reasonable distance, adding to its family-friendliness. The proximity to transportation links is a positive aspect of the property’s location. Considering the lower price point compared to other properties in the area, the lack of a garden, and the overall condition of the flat, the list price of £76,000 may represent good value for a first-time buyer or investor. However, a thorough survey is recommended before purchasing.

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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