Allen & Harris says ..

Property Oracle says ..

This two-bedroom, one-bathroom retirement apartment in Street, Somerset, is listed for £160,000. Located on Somerton Road, it offers a convenient position, close to local schools and amenities. The property appears well-maintained but does benefit from some modernisation to freshen the interior and update the decor. The apartment benefits from a small shared patio area, rather than a private garden, and while the communal gardens are a benefit, the lack of private outdoor space is a factor to consider. The lack of nearby transportation should also be considered, but the proximity to schools and local amenities are a benefit that adds to the value of the property. The provided comparable properties show a wide range of prices, making it difficult to determine whether the listed price represents exceptional value. In addition, the lack of square footage data for comparable properties makes a concrete comparison and price per square foot analysis difficult. The listing photos indicate that some updating and modernising could significantly improve the property’s appeal and marketability. Therefore this needs to be considered when evaluating the purchase of this property. Overall, it’s a reasonably priced apartment for those over 55 seeking a convenient location and modest living space.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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