Hayward Fox says ..

Property Oracle says ..

The property is a two-bedroom apartment with one bathroom, situated in Milford on Sea, in the New Forest district of Hampshire. The apartment is 721 square feet and is listed at £360,000. The location is excellent, offering proximity to the coast and benefiting from a relatively short distance to several train stations, including Sway, New Milton, and Lymington Town. There are also several primary schools within a reasonable distance, including Milford-On-Sea Church Of England Primary School and Hordle Cofe (Va) Primary School. The area appears to be well-maintained and attractive. Based on the images provided, the apartment appears to be in good condition. The interior is modern and well-presented, with a recently updated kitchen and bathroom. The property benefits from a pleasant outlook and access to outside space. The property seems to be well-maintained and doesn’t appear to require any significant renovations. The plot size is relatively small, being only 721 square feet, which is the same as the apartment’s size. This limits the amount of outdoor space available. Considering the average price per square foot in the area is £466, and the average property price is £650,324, the list price of £360,000 for this 721 sq ft apartment seems reasonable, especially given its location and apparent good condition. However, it is important to note that the average property size in the area is significantly larger (1394 sq ft) than this apartment. The lower price reflects the smaller size of the property. The comparable nearby apartment on Cliff Road sold for £290,000, suggesting that the £360,000 asking price may be slightly on the higher end of the market value, but still within a reasonable range.

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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