Slades says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom penthouse apartment located in Bournemouth, Dorset. The apartment is modern and appears to be in excellent condition based on the provided images. The finishes are contemporary, and the apartment looks well-maintained. The location is in a residential area with a small communal garden visible in the exterior photos. The proximity to several schools, including St Michael’s Church of England Primary School and Talbot Heath School, is a positive factor for families or investors targeting this demographic. Transportation links are also relatively close, with Branksome railway station approximately 2.90 km away.

The list price of £195,000 is significantly lower than the average house price in the area (£495,239), and the average price per square foot (£385) is also considerably higher than what this property is listed at. However, it’s important to note that this is a penthouse apartment, and the provided comparable properties are mostly detached houses. Direct comparisons are difficult due to the lack of square footage data for the comparable properties. The smaller size of the apartment and the fact that it is a flat, rather than a house, likely accounts for the lower price. The lack of plot size may also be a contributing factor to the lower list price. Given the condition and location, the price may represent good value.

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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