Hub Of Homes says ..

Property Oracle says ..

Studio flat located in South Ockendon, Essex. The property is listed at £110,000 and has a size of 245.41 sqft.

The property is a studio flat, meaning it comprises of one combined living/sleeping area. The images show a relatively small but functional space. The kitchen is compact, with modern white cabinets and integrated appliances. The bathroom appears clean and well-maintained, with a white suite and a burgundy bath panel. The flooring throughout is light wood laminate.

The property benefits from its proximity to several schools, including Kenningtons Primary Academy and Ormiston Park Academy, both rated ‘Good’ by Ofsted. Several c2c train stations are also within a reasonable distance, providing convenient access to commuting routes.

Considering the average property price in the area is £362,595 and the average price per sqft is £322, the listed price of £110,000 for this 245.41 sqft studio flat appears significantly lower. However, it’s important to note that the average prices provided are likely for larger properties than the studio flat in question. The lack of plot size information suggests that there is no garden or outdoor space associated with the property.

Nearby comparable properties show a range of prices, with some studios selling for similar prices and others significantly higher. This suggests that the price of this particular studio may be influenced by factors such as its condition, amenities, and specific location within the development.

Given the information provided, the property appears to be in good condition and is conveniently located near transport links and schools. The lack of outdoor space and smaller size are factors that would be expected to influence price. The listed price, while lower than the area average, may reflect the property’s size and lack of outdoor space.

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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