Jenkinson Estates says ..

Property Oracle says ..

This one-bedroom apartment on Queen Street in Deal, Kent, is listed for £115,000. The property is situated within walking distance of Deal town centre, making it convenient for accessing shops, amenities, and transportation. Deal’s train station offers links to various locations, while the nearby seafront provides recreational opportunities. Several schools are also within reach, although specific Ofsted ratings for those schools are not provided in this listing.

The apartment itself is presented as a blank canvas, requiring modernisation. The existing interior features, including the kitchen and bathroom, appear dated and would likely need renovation to meet modern standards. Carpeting is worn in places. This aspect of the property may either deter some buyers or present an opportunity for a buyer looking for a project. The size of 560 sqft is relatively average for one-bedroom flats. However, an important factor to consider is that the listing doesn’t specify whether this is a leasehold or freehold property which significantly affects the final value. This omission warrants further investigation before committing to any purchase.

The lack of plot size, as indicated by a reported 0.00 sqft, is an expected characteristic of an apartment and will limit outdoor space, which may be a factor for potential buyers. The absence of detailed information on the building’s age, amenities, and the service charges, if applicable, makes it impossible to give an entirely complete analysis of the value proposition. However, given that Jenkinson Estates, a Gold Winner in the British Property Awards 2024 for Deal, are listing the property, suggests a degree of confidence in the market value. The neighboring street average prices suggest that the property is priced competitively within its locale.

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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