Reid & Dean says ..

Property Oracle says ..

The property is a one-bedroom apartment in a modern development, Allingham Lodge, situated on Southfields Road in Eastbourne, East Sussex. The apartment’s size is 490.40 sqft and it is listed at £225,000. The photos show a modern, well-maintained interior with a contemporary kitchen and bathroom. The building itself appears to be in excellent condition. The location score is high due to its proximity to Eastbourne town centre, the train station (0.43km), and several schools including Gildredge House (rated ‘Good’ by Ofsted) and St Thomas A Becket Catholic Primary School (also rated ‘Good’). The area also benefits from good transport links. The condition of the property, based on the images, appears to be excellent. The apartment is modern and well-presented, showing no visible signs of disrepair or needing renovation. The property lacks a garden (plot size 0.00 sqft), which is a factor to consider. Considering the list price of £225,000, the average price in the area is £310,305, and the average price per sqft is £390. This property is significantly smaller than average (490.40 sqft vs 795 sqft). While the location and condition are positive factors, the lack of land and smaller size relative to the average for the area suggest that the price may be on the higher end of the market, although not unreasonably so given the modern condition and central location. Nearby comparable properties range from £159,950 to £344,950, suggesting the price is within a reasonable range for a modern one-bedroom apartment in this location.

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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