Smeaton Homes Ltd says ..

Property Oracle says ..

The property is a studio apartment located in Stoke, Plymouth. The apartment is part of a larger building and benefits from communal areas including a games room and outdoor seating area.

The apartment itself appears to be in reasonable condition. While the images show some personal belongings and the space may benefit from a deep clean, there is no obvious evidence of significant damage or disrepair. The bathroom is functional, although a more modern suite might be desirable.

The property has no private outdoor space, however, there is a communal garden area available for residents’ use. This is a positive feature, offering some outdoor space for relaxation.

Considering the list price of £40,000, the average price of similar properties in the area, and the size of the apartment, the price seems relatively low. The average price per square foot in the area is significantly higher than what is implied by this listing. However, it’s important to note that the provided data on nearby properties has inconsistent sqft data, making a precise comparison difficult. The lack of bedrooms may also contribute to the lower price point. The property may appeal to students or those seeking affordable accommodation in a convenient location. Further investigation into comparable properties with accurate sqft data would be beneficial for a more detailed price analysis.

The location is convenient, with several schools and transportation links within a reasonable distance. The proximity to Plymouth city centre is also a positive aspect.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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