Kingswood says ..

Property Oracle says ..

The property is a block of apartments located in the city centre of Preston, Lancashire. The location benefits from being close to Preston train station (0.14 KM), providing convenient access to various destinations. Several schools are also within a reasonable distance, including St Stephen’s Cofe School (0.52 KM) and the University of Central Lancashire (0.57 KM). This makes the property potentially attractive to students and families.

Based on the provided images, the property appears to be in good condition. The apartments feature modern kitchens and bathrooms, with updated fixtures and fittings. There is no evidence of significant wear and tear or the need for major renovations. The flooring and wall finishes look new or recently replaced.

The listing does not provide information about the plot size or the presence of a garden. Therefore, no assessment can be made regarding the land aspect of the property.

The list price of £450,000 for the block of apartments needs to be considered in relation to the local market. The average price for properties in the area is £384,318, and the average price per square foot is £399. However, the square footage of the subject property is not provided, making a direct comparison difficult. The nearby listings show a wide range of prices, from £65,000 for a flat to £475,000 for a terraced house. Without knowing the square footage of this block of apartments, it is impossible to definitively assess whether the list price represents good value. The number of bedrooms and bathrooms (8 each) suggests a substantial property, potentially justifying a higher price compared to average single-unit properties in the area. Further information regarding the size and individual apartment specifications would be needed for a more accurate price assessment.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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