Hobbs & Webb says ..

Property Oracle says ..

The property is a retirement property located on Beach Road in Weston-Super-Mare, North Somerset. It’s a one-bedroom, one-bathroom apartment with 600 square feet of living space and a communal garden. The list price is £85,000.

The property appears to be in reasonable condition for its age and type. While some minor cosmetic updates might enhance its appeal, the provided images suggest it is generally well-maintained and habitable. The kitchen and bathroom, in particular, show signs of age but are functional.

The location is excellent, being situated on Beach Road, which offers proximity to Weston-Super-Mare’s amenities. The presence of nearby schools, transportation links (Weston-Super-Mare train station is less than a kilometer away), and shops makes this a convenient location.

Considering the average price per square foot in the area (£511) and the property’s size (600 sqft), a comparable property might be expected to cost around £306,600. However, the actual list price is significantly lower at £85,000. This substantial difference is likely due to the property being a retirement property, which often commands lower prices than comparable properties on the open market. The lack of private outdoor space, despite the presence of communal gardens, also likely contributes to the lower price. Considering these factors, the price appears reasonable for this specific type of property in this location.

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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