Moore & York says ..

Property Oracle says ..

This one bedroom flat is located in Loughborough, Leicestershire. The property is situated within easy reach of Loughborough town centre, offering convenient access to local amenities, shops, and transportation links. The nearby East Midlands Railway station provides connections to other parts of the country. Several schools are also within a reasonable distance, making it potentially attractive to families or students. The presence of a communal garden offers some outdoor space, although it’s not a private garden.

Based on the provided images, the property appears to be in good condition for its age. The interior is clean and well-maintained, although the style is somewhat dated. There is no obvious evidence of significant repairs or renovations being required. The kitchen and bathroom, while functional, show their age, and some modernisation might enhance the property’s appeal.

The plot size is relatively small at 522 sqft, typical of a flat. The list price of £120,000 is significantly lower than the average house price in the area (£370,000), however, this is to be expected given that it is a flat rather than a house. The average price per square foot in the area is £275, while the price per sqft for this property is approximately £225. Considering the property’s condition, location and size, the list price appears reasonable, even potentially representing good value for money, especially for a first-time buyer or investor.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images