Bychoice says ..

Property Oracle says ..

Ely is a popular and desirable city in Cambridgeshire, with a rich history and a thriving community. The property’s location on Morley Drive places it within reasonable proximity to Ely city centre, offering convenient access to amenities, shops, and transportation links. The presence of several well-regarded schools nearby, such as Ely St John’s Community Primary School and Ely College, further enhances its appeal to families. The proximity to the Greater Anglia train station in Ely provides good transport links to other parts of the UK.

Based on the provided images, the apartment appears to be in good condition. The rooms are clean, well-maintained, and present a modern aesthetic. There are no visible signs of significant damage or disrepair. The kitchen and bathroom appear recently updated and functional.

The property is an apartment, and as such, does not include a private garden or significant land.

Considering the list price of £52,500, the average price of similar properties in the area, and the apartment’s apparent good condition, the price appears to be significantly below market value. The average price for properties in Ely is considerably higher, and even nearby apartments command much higher prices. The lack of plot size data for comparable properties makes a precise price per sqft comparison difficult. However, even without this data, the list price is surprisingly low in comparison to local market trends. The low price might be attributed to factors not immediately apparent from the provided information, such as leasehold restrictions or other property-specific details.

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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