Homewise says ..

Property Oracle says ..

The property is a 2-bedroom apartment in Clacton-on-Sea, Essex, listed at £110,500. The apartment is situated on Marine Parade East, offering a sea view, and is conveniently located near Clacton-on-Sea train station (0.77km). Several schools are within a reasonable distance, including Clacton County High School (0.85km) and Shorefields School (1.58km), both with good Ofsted ratings. This suggests a relatively convenient location for families and commuters. The images reveal a property that appears to be in generally good condition, though some aspects, such as the dated pink carpets and simple kitchen and bathroom fixtures, might suggest a need for some modernisation. The overall condition is not poor, but it could benefit from updates to enhance its appeal and market value. The lack of a garden is noted. Compared to the average price per square foot in the area (£380), the listed price of this 1,029.35 sqft property (£110,500) appears to be significantly below average. However, it’s important to consider that the average price in the area (£340,786) is likely influenced by larger, more expensive properties. The absence of plot size data for nearby listings makes a definitive price comparison difficult. Further investigation into comparable apartment sales in the immediate vicinity would be necessary to make a more accurate assessment of the price’s reasonableness.

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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