Bonners & Babingtons says ..

Property Oracle says ..

Princes Risborough is a popular commuter town located in the Chiltern Hills, Buckinghamshire. The property, Chiltern Lodge, benefits from its position within this desirable area. The proximity to Princes Risborough train station (1.62 KM) provides convenient access to London Marylebone, making it attractive to commuters. Several primary and secondary schools are within a reasonable distance, adding to its family-friendly appeal. While specific details on local amenities and their proximity are limited, the area’s reputation suggests a good selection of shops and services are likely nearby.

Based on the provided images, the apartment appears to be in good condition. The kitchen and bathroom are modern and well-maintained. While some minor cosmetic work might be needed (e.g., patching the walls in the living room), the overall impression is one of a clean and habitable space. The apartment benefits from a small private patio area, providing some outdoor space.

The list price of £250,000 for a 550 sqft apartment is notably lower than the average price of £693,000 for properties in the area. However, this difference is likely due to the significant size difference (average sqft is 1915). The average price per sqft in the area is £361, while this property’s implied price per sqft is considerably lower. This suggests the price may represent good value, especially considering the modern condition of the apartment and its convenient location. However, the lack of plot size information makes a complete assessment of value difficult. Further comparative analysis with similar sized apartments in the area would provide a more precise valuation.

The property includes a small patio area, which is a positive feature. However, the lack of further land information prevents a more detailed assessment of this aspect.

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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