Bond Residential says ..

Property Oracle says ..

This property is a ground floor studio apartment situated in Chelmer Village, Chelmsford. The location is a plus point, offering relatively easy access to Chelmsford’s amenities and transport links, along with several schools within walking or short driving distance. The apartment itself appears clean and well-maintained from the photos, but is compact. The accommodation consists of a combined living/sleeping area with a fitted kitchen, bathroom, and built in storage. While the apartment seems functional for a single person or as an investment, the lack of square footage and plot size details makes a comprehensive assessment challenging. Comparatively, prices for other properties in the area vary significantly, ranging from under £130,000 to over £400,000, showing a wide disparity that’s influenced by property type and size. The £120,000 price point, considering its studio nature, appears reasonably positioned within this market range, though determining true value-for-money is difficult without more precise property size information. A potential buyer must carefully consider their needs and preferences given the property’s limited space and absence of garden. Further due diligence, including a physical viewing and a professional valuation, is recommended before making an offer.

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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