Graham Butt Estate Agents says ..

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom terraced house located in Watersmead Drive, Littlehampton, West Sussex, BN17 6GH. It has a plot size of 516.67 sqft and is listed at £280,000.

The property appears to be in excellent condition based on the images provided. The interior is modern and well-maintained, with updated fixtures and fittings. There is no evidence of wear and tear or the need for renovation.

The property benefits from a small, paved rear garden. While not extensive, it provides some outdoor space.

Considering the average price per sqft in the area is £597, and the property is 525.28 sqft, a rough estimate of the property value would be around £313,500. The list price of £280,000 is therefore below the estimated value based on the average price per sqft. However, it’s important to note that nearby comparable properties are listed at higher prices, ranging from £240,000 to £425,000. The lower list price may be due to factors not reflected in the available data, such as the smaller plot size compared to some of the nearby properties. The property’s location within Brookfield, Littlehampton, is also a factor. While proximity to schools and transport links is positive, the overall area’s average property price is significantly higher than the list price of this property, suggesting it may be undervalued compared to the broader area. Further investigation into the specific characteristics of the local market within Brookfield is necessary for a more precise price assessment.

Based on the provided information, the property appears to be a good value for money, considering its condition and location. The relatively low list price in comparison to the average price per sqft and nearby listings makes it an attractive option. However, more detailed local market analysis is recommended to confirm this assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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