Horizon Estate Agents says ..

Property Oracle says ..

The property is a studio apartment located in Lesney Gardens, Rochford, Essex. The apartment is situated close to Rochford Railway Station and local shops and amenities. Several primary schools are within a short distance, including St Teresa’s Catholic Primary School, Holt Farm Junior School, Holt Farm Infant School, and Rochford Primary and Nursery School. The property benefits from its proximity to these schools and the train station, enhancing its overall location score.

Based on the provided images, the property appears to be in generally fair condition, although some areas may require updating or minor repairs. The carpets show signs of wear, and the bathroom and kitchen appear dated. While structurally sound, the property’s overall presentation could benefit from some modernisation to improve its condition score.

The property does not appear to have a significant plot size or garden, which is a common feature lacking in apartment-style properties. This absence of land is reflected in the land score.

Considering the list price of £140,000, the average price of similar properties in the area (£330,990), and the average price per square foot (£288), the property seems to be priced comparatively low. However, this needs to be considered in the context of the property being a studio apartment with a smaller square footage (550 sqft) than the average in the area (1148 sqft) and the need for potential modernisation. The relatively low price may be justified by the property’s condition and size, but further investigation into the leasehold details would be beneficial. The lower price point compared to other similar properties in the area, despite its smaller size and need for some updating, makes it potentially good value for money.

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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