Purplebricks says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom apartment located in St. Georges Court, Great Yarmouth, Norfolk. It has a floor area of 464.89 sqft and a plot size of 505.90 sqft. The list price is £81,950. The apartment appears to be in reasonable condition for its age, although some updating might enhance its appeal. The kitchen and bathroom seem functional but could benefit from some modernisation. The living areas are adequately furnished. The communal garden is a positive aspect, offering residents some outdoor space. The location in Great Yarmouth places it relatively close to several amenities, including schools (St George’s Primary & Nursery School is within 0.50 KM), and transportation links (Great Yarmouth train station is 1.29 KM away). However, the average house price in the area (£289,253) significantly surpasses the list price of this property. This discrepancy is notable when considering the average price per sqft in the area (£331.00) compared to the property’s size. The lower price may be reflective of the property being a retirement apartment with restrictions on occupancy. The presence of other similar apartments in the same complex, listed at comparable prices, further supports this assessment. Considering the property’s condition, location, and size, in relation to the local market, the asking price appears relatively low compared to the average house prices in the area. However, this is likely due to the property being an apartment within a retirement complex, and the limitations this places on potential buyers.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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