Greenslade Taylor Hunt says ..

Property Oracle says ..

The property is a 1-bedroom apartment located in Ilminster, Somerset. The apartment is newly built and appears to be in excellent condition. The kitchen and bathroom are modern and well-equipped. The property itself is situated in a convenient location within the town, close to local shops and amenities. However, the lack of plot size is a notable drawback.

Considering the average price per square foot in the area is £246, and this property is listed at £105,000 for 480 sqft, the price per sqft is approximately £218.75. This is significantly lower than the average for the area. While the property is smaller than the average property size in Ilminster, its lower price point reflects this. The proximity to local amenities and the modern condition of the apartment are positive factors influencing its value. The lack of outdoor space is a significant limitation. Several nearby properties are listed at higher prices, suggesting that there is a demand for properties in this location. However, these are of different types and sizes, making direct comparisons difficult. The overall value proposition of this apartment needs to be considered in relation to its size and lack of outdoor space.

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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