Allsop says ..

Property Oracle says ..

This property is a one-bedroom, one-bathroom flat located in Brighton, East Sussex. The flat is situated on Vere Road, in the St. Peter’s and North Laine locality. This area is known for its vibrant atmosphere, independent shops, and proximity to the city centre. The property benefits from being within walking distance of several schools, including Downs Infant School and Downs Junior School, both rated as “Outstanding” by Ofsted. The nearby London Road train station provides convenient access to other parts of the city and beyond. Based on the provided images, the property appears to be in reasonable condition, though some updates and modernisation would likely enhance its appeal. The kitchen and bathroom, in particular, show signs of age and could benefit from refurbishment. The flooring and walls appear generally well-maintained, but a fresh coat of paint throughout would likely improve the overall aesthetic. The property includes a small, enclosed garden area, which is a desirable feature in a city location. The list price of £130,000 is significantly below the average price for properties in the area (£433,451). However, it’s important to consider that the average price per square foot (£545) is based on larger properties. This one-bedroom flat is considerably smaller (525 sqft) and requires some modernisation. Considering these factors, the list price may be considered reasonable, particularly for a first-time buyer or investor looking for a property in a desirable location that requires some renovation work. The presence of nearby comparable properties at higher prices further supports this assessment.

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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