McCarthy & Stone Resales says ..

Property Oracle says ..

This listing presents a two-bedroom, one-bathroom apartment located in Redditch, Worcestershire, within a retirement complex called Milward Place. The apartment, marketed by McCarthy & Stone Resales, is situated on Clive Road in the Abbey locality and has a list price of £225,000.

The property’s condition is excellent based on the provided images. The apartment appears modern, recently renovated or new, and is presented in immaculate condition. The finishes seem high quality. The pictures showcase a spacious living area, a well-equipped kitchen, and two bedrooms each with built-in wardrobes and ensuite bathrooms. The communal areas shown also reflect a similar high standard of maintenance and design. The complex seems well-maintained, offering residents a common area.

The location in Redditch provides access to various amenities, including good schools and transport links. The proximity of Redditch Train Station is a key advantage, particularly for commuters. However, the property’s lack of outdoor space is a notable aspect for those who appreciate private gardens. The fact that this is a retirement apartment is also very important to note. The target market is specifically over 60s.

The pricing is within a reasonable range considering the quality and condition of the property, its location and the local market for similar retirement apartments. Comparing it to similar properties for sale in the area, the price appears competitive and in line with market value, although concrete analysis is limited by a lack of details regarding square footage and local pricing trends. However, more comparative market data is needed to reach a more definitive conclusion.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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