Payne Associates says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Willenhall, Coventry, with a list price of £115,000. The apartment has 770 sqft of living space and a 539.90 sqft plot. The area has an average house price of £236,534 and an average price per sqft of £253. The apartment appears to be in good condition based on the provided images. The interior is clean and well-maintained, with modern fixtures and fittings in the kitchen and bathroom. There is evidence of a fireplace in the living room which adds character. The exterior of the building also appears to be well-maintained. The property benefits from a small garden area, providing some outdoor space. While not extensive, it is a desirable feature for an apartment. Considering the property’s condition, the relatively small size (770 sqft) compared to the area average (933 sqft), and the presence of a garden, the list price of £115,000 appears reasonable, particularly when compared to nearby similar properties on Yarningale Road that have sold for between £44,000 and £130,000. The average price per sqft in the area (£253) is significantly higher than what is being offered here. However, the smaller size of the property and the fact it is an apartment rather than a house will naturally reduce the price. The location is also a factor; its proximity to schools and transportation links will increase desirability.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images