Simple Lettings and Sales says ..

Property Oracle says ..

The property is a one-bedroom apartment located on High Street West in Glossop, Derbyshire. Its location is convenient, with Glossop train station only 0.39km away, providing easy access to transport links. Several schools are also within a reasonable distance, including St Philip Howard Catholic Voluntary Academy (rated ‘Good’ by Ofsted) and St Luke’s Cofe Primary School (also rated ‘Good’). The proximity to local shops and amenities on High Street West adds to its convenience. However, the lack of plot size information prevents a full assessment of the land aspect.

The images suggest the apartment is in good condition, with a recently renovated or modern kitchen and bathroom. The décor appears contemporary and well-maintained, indicating a high standard of finish. There is no evidence to suggest the property is in need of repair or renovation.

The list price of £115,000 is significantly lower than the average house price in the area (£295,393). While the average price per square foot is £301, the absence of square footage for this property prevents a direct comparison. However, considering the location, condition, and the prices of comparable nearby properties (ranging from £105,000 to £115,000 for similar apartments), the list price appears reasonable, potentially even representing good value for money, especially for investors considering rental income potential. Further investigation into rental yields in the area would be beneficial to solidify this assessment.

The property benefits from being situated in a central location with good transportation links and nearby schools, enhancing its appeal to potential buyers and tenants. The modern condition of the apartment is a strong selling point, further supported by the reasonable list price in comparison to similar properties in the area.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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