Simpson & Marwick says ..

Property Oracle says ..

The property is a 2 bedroom apartment located in Cults, Aberdeen. Based on the provided images, the apartment appears to be recently renovated or in a modern condition, with a contemporary kitchen and bathroom. The flooring and walls are clean and unblemished, suggesting a high standard of finish. There is no evidence of wear and tear or the need for repairs.

The location in Cults is generally considered desirable. Cults is a suburb of Aberdeen known for its affluent residential areas and good schools. While specific school information isn’t provided, the area’s reputation suggests a positive aspect to the location. The proximity to Portlethen (8.95km) offers a rail link to other parts of Scotland. However, the lack of information regarding other local amenities (shops, etc.) prevents a more comprehensive assessment of the location’s convenience.

The property is an apartment, so there is no land associated with it.

The list price is £155,000. The average price per sqft in the area is £302. Given the apartment’s size (600 sqft), a simple calculation suggests a value in the region of £181,200. However, this is a broad estimate, and several factors need to be considered. The average price for the area (£361,415) is significantly higher than the list price, and the average sqft is considerably larger (1196 sqft vs 600 sqft). The nearby listings show a wide price range, from £90,000 to £1,250,000, highlighting the variability in property values in the area. The list price of £155,000 appears to be at the lower end of the spectrum, potentially reflecting the smaller size of the apartment compared to other properties in the area. Further analysis is needed to account for the condition and location specifics to determine if the price is reasonable.

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

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