Treagust & Co says ..

Property Oracle says ..

The property is a retirement property located on New Brighton Road in Emsworth, Hampshire. It’s a one-bedroom, one-bathroom apartment with 498 sqft of living space and a 574 sqft plot. The list price is £245,000.

The property appears to be in good condition based on the provided images. The interior is clean, modern, and well-maintained. There is evidence of a small garden.

Emsworth is a desirable coastal town in Hampshire, known for its charming harbour and proximity to the South Downs National Park. The property’s location is convenient, with nearby transportation links and schools. The nearby schools include St James Church of England Controlled Primary School and Emsworth Primary School, both rated ‘Good’ by Ofsted. Emsworth train station is within walking distance, providing links to other parts of the region.

Considering the average price per sqft in the area is £463, and the property is 498 sqft, a comparable property might be expected to cost around £230,000 (£463 x 498). However, the average house price in the area is significantly higher at £544,832. The list price of £245,000 for this retirement property appears reasonable given its size, condition, and location, particularly when compared to other nearby retirement properties and apartments. The presence of a communal garden and shared facilities could also add value.

Based on the provided information, the property seems to be a good value for money, especially within the retirement property market.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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