Yopa says ..

Property Oracle says ..

The property is located on Pier Road in Gravesend, Kent. The area benefits from relatively close proximity to Gravesend train station (1.24km), providing links to London and other parts of Kent. Several primary and secondary schools are within a reasonable distance, including highly-rated Ofsted-rated schools like Northfleet Nursery School and Mayfield Grammar School. This suggests a good location score, although further investigation into the specific catchment areas for schools would be beneficial. Based on the provided images, the property appears to be in generally good condition. The interior is presented well, with a recently updated kitchen and bathroom. However, the exterior shows some signs of age and potential need for minor maintenance or cosmetic improvements. The overall condition is respectable, but not exceptional. The plot size is relatively small at 394 sqft, which is equal to the property size and indicates a lack of garden space. This is a significant drawback for many buyers and will impact the overall desirability of the property. The list price of £110,000 is significantly below the average price for the area (£218,000). However, the average property size is considerably larger (717 sqft vs 394 sqft). The average price per sqft in the area is £304, while this property’s implied price per sqft is approximately £279. Given the smaller size and lack of outdoor space, the price may be considered reasonable, but further comparable sales data for similar sized properties in the immediate vicinity would be necessary to confirm this. The lower price may reflect the smaller size and lack of garden, making it attractive to first-time buyers or investors. The property appears to be a traditional property that has undergone some modernisation.

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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