YOUR MOVE Chris Stonock says ..

Property Oracle says ..

This one-bedroom property in Sulgrave, Washington, is presented as a tenanted investment opportunity, currently generating a rental income of £365 per month. The property’s exterior is shown in several photographs, indicating a reasonably maintained, though not renovated, condition. The exterior shows a brick façade, and a small, paved patio area is visible, although not a large garden. The property’s location offers relatively close access to several well-regarded primary schools. The area benefits from its location close to the schools, however, the lack of significant local amenities and the relatively long distance to the nearest train station (6.29 km to Heworth) impacts its overall desirability. The nearby listings show a range of prices, from significantly lower-priced properties (potentially requiring renovation) to more expensive, larger properties, making it difficult to precisely gauge this property’s value. However, the current listing price, considering its rental income, appears to be fairly priced for this type of investment property in this location. The availability of comparable data on nearby properties is limited. Further information regarding the property’s interior condition and structural features would enhance the overall assessment. The absence of square footage information for many local comparables makes price per square foot analysis unreliable. The lack of information regarding square footage of the property in question compared to other similar properties means it is difficult to judge price per square foot.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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