Myler Estates says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat listed at £85,000. The images show a recently renovated property in good condition with modern fixtures and fittings in the kitchen and bathroom. The flooring appears new, and the walls and ceilings are freshly painted. There is also a small garden. Considering the average house price in the area is £222,105 and the average price per sqft is £240, the listed price of £85,000 for this flat appears to be significantly below the average. However, without knowing the square footage of the property, a definitive conclusion on price value cannot be reached. The property’s condition is excellent, suggesting a higher value than the list price might initially suggest. The small garden is a positive feature. The location benefits from its proximity to several primary schools with good Ofsted ratings, which is attractive to families. Several train stations are within a reasonable distance, improving transport links. This contributes positively to the property’s desirability. In summary, while the list price seems low compared to the overall average house price in the area, the property’s excellent condition and convenient location, along with the presence of a garden, suggest it could represent good value for money, especially for first-time buyers or investors. More information, such as the property’s square footage, would allow for a more precise evaluation of its price-to-value ratio.

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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