Pattinson Estate Agents says ..

Property Oracle says ..

The property is a 2 bedroom apartment located on Esplanade Road, Scarborough, North Yorkshire. It is listed at £85,000 and has a floor area of 1,295.76 sqft. The average price for properties in the area is £205,222, with an average price per sqft of £228. The property benefits from a small, enclosed rear garden. While the garden is relatively small, it offers a private outdoor space, which is a desirable feature for many buyers. Based on the provided photographs, the property appears to be in reasonable condition. While some minor cosmetic updates might enhance its appeal, there are no apparent major structural issues or significant repairs needed. The interior shows a mix of updated and older features. The location is a key factor. Scarborough is a popular coastal town, and the proximity to local amenities, transportation links (Scarborough train station is 1.12km away), and schools (several schools within a 1.5km radius) are positive aspects. However, the specific location within Scarborough would need further investigation to assess its desirability fully. The nearby streets show a range of property prices, suggesting some variation in desirability within the immediate area. The average price of nearby properties is considerably higher than the listing price, which could indicate good value for money, but more detailed analysis of comparable properties is needed to confirm this. The list price of £85,000 is significantly lower than the area average of £205,222. Considering the property’s condition, the presence of a garden, and its location in Scarborough, the price could be considered reasonable, potentially representing good value for money, especially for a first-time buyer or investor. However, the lack of information on the property’s specific condition and the absence of comparable sales data make it difficult to definitively assess the price’s accuracy.

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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