Quealy & Co says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom apartment with a total area of 487 sqft situated on a 687 sqft plot. The list price is £190,000. The location appears to be reasonably convenient, with Iwade School (rated ‘Good’ by Ofsted) being only 0.48km away. Several other schools are within a 2-3km radius, suggesting good access to education. The proximity to several Southeastern train stations suggests relatively good transport links, though the exact commuting times would require further investigation. The presence of local amenities is likely, given the mention of shops and a health centre in the area map. However, the specific range and quality of shops and amenities would need further investigation. Based on the provided images, the property seems to be in generally good condition. The interior appears clean, modern, and well-maintained, with no obvious signs of significant repair or renovation needs. However, a physical inspection would be necessary for a definitive assessment. While the plot size of 687 sqft is not exceptionally large, it is adequate for an apartment of this size. The lack of additional information about the outdoor space prevents a more detailed evaluation of the land aspect. Considering the list price of £190,000, the average price in the area is significantly higher at £452,143, and the average price per sqft is £451. This property’s price per sqft is considerably lower. However, direct comparison is difficult due to the lack of sqft data for nearby properties, and the significant difference in property types (this property being an apartment, while many nearby listings are houses). The lower price may be justified by the smaller size and apartment style of the property. The presence of nearby properties with lower prices (such as those on Mansfield Drive itself) suggests the list price might be reasonable within the context of the local market for apartments. However, a more comprehensive market analysis would be needed to definitively assess the price’s reasonableness.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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