Mason Kelly Property Consultants says ..

Property Oracle says ..

The property is a two-bedroom, one-bathroom apartment with a total area of 439.47 sqft and a plot size of 523 sqft. The list price is £174,995. The property appears to be in good condition, recently redecorated with new carpets, as shown in the photographs. The kitchen and bathroom are modern and well-maintained. The apartment benefits from a good-sized living area and two bedrooms, although the bedrooms are smaller than average. The property is situated in a modern development, and the external photos show a pleasant communal area with a children’s play area. This suggests a family-friendly environment.

The location is in Newport Pagnell, which is a town with good access to the M1 motorway, providing links to Bedford, Cranfield, Northampton, and Milton Keynes. The proximity to several primary schools with ‘Good’ Ofsted ratings is a positive aspect, making it attractive to families. Several train stations are within a reasonable distance, offering convenient transport links.

Considering the average house price in the area is significantly higher (£413,326) and the average price per sqft is £427, the listed price of £174,995 for this 439.47 sqft apartment appears to be relatively low. However, it’s important to note that the average price and sqft data may not be entirely comparable, as it includes a mix of different property types. The smaller size and apartment style of this property may justify the lower price compared to the average house price. The lack of information on comparable properties with similar sqft and features makes it difficult to provide a definitive assessment of the price-to-value ratio. More information on similar recently sold properties would assist in a more accurate evaluation.

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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