Downes and Daughters says ..

Property Oracle says ..

This two-bedroom apartment located in Gledhill Park, Lichfield, offers a potentially worthwhile investment, requiring consideration of several key aspects. The apartment’s position within South Lichfield is advantageous, with easy access to excellent schools such as King Edward VI School and Saxon Hill Academy, both rated as ‘Good’ by Ofsted. The proximity to Lichfield City train station adds to its accessibility.

However, the property’s interior shows signs of age and requires updating. The existing decor and fittings are noticeably dated and would likely necessitate a comprehensive refurbishment. Although functional, the bathroom and kitchen would benefit from significant upgrades to modernize the property. The lack of a private garden space is also a notable limitation, a common characteristic of apartment-style living.

In terms of value, the asking price of £170,000 appears reasonably competitive when compared to other apartments in the vicinity, although precise comparative analysis is limited due to missing square footage details for nearby properties. The necessary investment for renovations and the limited outdoor space must be considered carefully. Potential buyers should factor in these renovation costs when assessing the overall value proposition. It is advisable to have a thorough survey before committing to a purchase.

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

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