Richardson & Smith says ..

Property Oracle says ..

The property is a block of apartments located at 12 Abbey Terrace, Whitby, North Yorkshire. The listing price is £395,000. The average property price in the area is £310,925, and the average price per square foot is £335. The property appears to be in need of some modernisation and updating. The interior photos show dated decor, carpets, and fixtures. While structurally sound, the property would benefit from renovations to improve its overall condition and appeal to potential buyers or renters. The exterior shows a building that is well maintained, and in keeping with the surrounding area. The location is favourable, being close to Whitby town centre and various amenities. The proximity to schools and transport links further enhances its desirability. Given the condition of the property, its location, and the lack of information regarding the size of the building and land, it is difficult to definitively assess the list price’s reasonableness. More information on the size of the property and the number of apartments is needed for a comprehensive price analysis. However, the list price is significantly higher than the average property price in the area. A detailed breakdown of the individual apartment sizes and values would be required to determine if the overall list price represents good value.

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

Images