EweMove says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Loughborough, Leicestershire. The location benefits from its proximity to Loughborough train station (1.04 KM), and several schools including Cobden Primary School (rated ‘Good’ by Ofsted) and Trinity College (0.23 KM and 0.11 KM respectively). The area has a mix of property types and price points, with nearby terraced houses ranging from £119,950 to £275,000. However, the average house price in the area is significantly higher at £549,850, suggesting this property might be undervalued. The apartment’s condition appears to be satisfactory based on the provided images; it is not in need of major renovations, though some minor updates could enhance its appeal. The lack of information regarding plot size and square footage makes it difficult to assess the land and overall value accurately. The list price of £120,000 is considerably lower than the average house price in the area (£549,850). However, without knowing the square footage of the property, a precise price-per-square-foot comparison cannot be made to determine if this is a good value. Considering the lower average prices of nearby streets like Hume Street (£110,000), the list price may be reasonable for a smaller apartment in this location. Further information on the property’s size and any unique features would significantly aid in a more comprehensive valuation.

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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