David Baker says ..

Property Oracle says ..

This property is a one-bedroom retirement flat located in Penarth, South Glamorgan. The flat is situated within a development offering communal gardens and enjoys views overlooking woodland and the Bristol Channel. The interior is presented in a clean and functional state, though the fixtures and fittings in the kitchen and bathroom appear somewhat dated and would likely benefit from upgrades. The property’s size is 540 square feet. The location is advantageous, being within close proximity to Penarth town centre, local schools, and railway transport links. Access to communal gardens is available, but there is no private garden. The provided images offer a decent view of the property; however, more information would be beneficial for an exhaustive assessment. The listed price of £115,000 appears competitive based on the available details of comparable properties in the area and aligns with prices of similar retirement flats. It is important to note, however, that the lack of property size information for comparable properties makes a precise price comparison difficult. Overall, this represents a reasonable opportunity for a buyer seeking retirement accommodation in Penarth, considering its location, condition, and price. Buyers should factor in potential modernisation costs for the kitchen and bathroom. Further information on specific amenities or any associated service charges with the development would provide a clearer picture.

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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