Connells says ..

Property Oracle says ..

The property is a retirement property located in St Albans, Hertfordshire. It’s a one-bedroom, one-bathroom apartment with 470 sqft of living space and a communal garden. The list price is £165,000.

The property appears to be in good condition. The images show a clean and well-maintained interior and exterior. The kitchen and bathroom seem recently updated or well-maintained. There is no visible evidence of significant repairs or renovations needed.

The property benefits from a communal garden, providing outdoor space for residents. While the plot size is listed as 0.00 sqft, this refers to the individual apartment’s plot and not the communal garden area which is clearly visible in the images.

Considering the average price of properties in the area is significantly higher (£761,083) and the average price per sqft is £597, the list price of £165,000 for this 470 sqft retirement apartment appears to be very reasonable, especially given its good condition. The nearby comparable listings, while limited in sqft data, also support this assessment; they are all similarly priced, though some are larger properties. The location in St Albans, a desirable area, adds further value. The proximity to schools and transportation links enhances the property’s appeal, making it an attractive option for retirees.

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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