David Clarke Estate Agents says ..

Property Oracle says ..

This retirement property is located in Herne Bay, a town in Kent with a seaside location. The property itself is a one-bedroom, one-bathroom apartment within a larger complex. While the apartment appears to be in good condition based on the provided images, the lack of square footage data prevents a precise assessment of value per square foot. The complex has communal gardens which are well maintained. Herne Bay benefits from relatively easy access to transport links, with Herne Bay station being approximately 0.88km away. There are also several schools within a reasonable distance, including Herne Bay Infant School and Herne Bay Junior School, both rated as ‘Good’ by Ofsted. The list price of £130,000 is significantly lower than the average house price in the area (£341,845), however, this is likely due to the property being a retirement apartment and smaller in size than the average property. Nearby comparable properties range from £130,000 to £175,000, suggesting the list price may be reasonable within the context of the retirement property market. More information on the size of the apartment would be beneficial in providing a more comprehensive analysis.

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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