Hamlyn Smith says ..

Property Oracle says ..

The apartment is located on Clarendon Road in Hove, East Sussex. The area benefits from being close to Hove Train Station (0.24km), providing convenient access to Brighton and other locations. Several primary schools are within a reasonable distance, including St Andrew’s Cofe (Aided) Primary School (0.45km) and Drive Preparatory School (0.67km), both rated ‘Good’ by Ofsted. The proximity to these amenities contributes positively to the location score. Based on the provided images, the apartment appears to be in generally fair condition, though it shows signs of needing some modernisation. The carpets and decor are dated, and the bathroom shows some signs of wear and tear. A full renovation is not necessarily required, but updating the property would significantly enhance its appeal and value. This suggests a moderate condition score. The plot size is 469.31 sqft. While this does not include a large garden, it does offer some small outdoor space in the form of a balcony. The limited outdoor space is a factor to consider when evaluating the land score. The list price of £190,000 for a 386.42 sqft apartment is considerably lower than the area average price of £473,686. The average price per sqft in the area is £535, while this property is listed at a much lower price per sqft. However, the condition of the property and the smaller size compared to average properties in the area must be taken into account. Nearby comparable properties on Clarendon Road and Livingstone Road range from £230,000 to £350,000, suggesting that the list price is at the lower end of the market for the area. Considering the condition and size, the price could be considered reasonable, although a full refurbishment would likely increase its value.

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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