Northumberland Properties (Alnwick) says ..

Property Oracle says ..

Alnmouth is a popular coastal village in Northumberland, known for its beautiful beaches and charming atmosphere. The property’s location on Argyle Street places it within easy walking distance of the village centre and its amenities. The proximity to Alnmouth train station, offering links to other parts of the region, is a positive aspect. However, the lack of readily available information on nearby streets and other local features makes a comprehensive assessment of the location challenging.

The property appears to be well-maintained and in good condition, based on the provided images. The interior shows a consistent style and suggests recent updates or renovations to the kitchen and bathroom. There is no visible evidence of significant repair needs. The property also benefits from a small balcony or patio area.

The property’s plot size is listed as 0.00 sqft, indicating a lack of private garden space. This is a common feature of apartments, particularly in coastal villages like Alnmouth where land is often at a premium. The absence of a garden may be a drawback for some buyers.

Considering the list price of £245,000, the average price per sqft in the area (£426), and the property’s size (890.18 sqft), a simple calculation suggests a price per sqft of approximately £274. This is significantly lower than the area average. However, it’s important to consider that the average price and sqft data may not fully reflect the specific market conditions for apartments on Argyle Street. The nearby property sales show a wide range of prices, with some significantly higher than the subject property. This variance in pricing may be due to differences in size, condition, and specific features of each property. Therefore, a conclusive statement on the price reasonableness requires more detailed comparable sales data specifically for apartments in the immediate vicinity. The property appears to be a well-presented apartment in a desirable coastal location. While the lack of a garden and limited comparable sales data prevent a definitive assessment of value, the property’s condition and location suggest it is reasonably priced within the context of the available information.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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