Wilkins Estate Agents says ..

Property Oracle says ..

The property is a 2 bedroom apartment located in Sutton Coldfield, West Midlands. It is listed at £199,950 and has 1275 sqft of living space. The average price for a property in the area is £390,398 with an average size of 1177 sqft, resulting in an average price per sqft of £331. The apartment appears to be in good condition based on the provided images. The kitchen and bathrooms look well-maintained and modern. There is a communal garden area visible in the aerial photos, although the plot size is listed as 0.00 sqft. The location is reasonably convenient, with several schools and train stations within a reasonable distance. Considering the average price per sqft in the area is £331, and this property is 1275 sqft, a reasonable expectation for the price would be around £422,000 (£331 x 1275). The listing price of £199,950 is significantly below this figure. However, it’s important to note that the property is an apartment and not a house, which typically commands lower prices per sqft than houses in the same area. The lower price may also be reflective of the lack of private outdoor space. Further investigation into the specifics of the apartment building, such as service charges and leasehold details, would be needed for a complete assessment of value.

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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