Robinson Michael & Jackson says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom apartment with 774.70 sqft of living space and a 674.70 sqft plot. The location in Medway Gate, Kent benefits from its proximity to several amenities. The nearby Cedar Children’s Academy (0.70 KM) received a “Good” Ofsted rating, suggesting a positive schooling option for families. Several Southeastern train stations are within a reasonable distance, offering convenient transportation links. The presence of a nearby park and playground is also a positive attribute for families.

The property appears to be in excellent condition based on the provided images. The interior is modern, clean, and well-maintained, with contemporary fixtures and fittings. There is no apparent need for repair or renovation.

The property includes a small garden area as evidenced in the aerial photos. While not extensive, it provides some outdoor space.

Considering the list price of £200,000, the average price in the area is significantly higher at £319,841. However, the average square footage is 871 sqft, larger than the subject property. The average price per sqft in the area is £367.00. While the property is smaller than average, its modern condition and good location could justify a price above the average price per sqft. Nearby comparable properties, although lacking precise sqft data, seem to support this assertion, with prices ranging from £160,000 to £339,000. The list price of £200,000 appears reasonable, especially given its modern condition and location, though further analysis of comparable properties with similar square footage would be beneficial for a more precise valuation.

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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