Bettermove says ..

Property Oracle says ..

This one-bedroom flat located on Harmer Street in Gravesend presents a mixed bag of opportunities and considerations. Its central location near Gravesend train station offers excellent transport links, making it convenient for commuters. The proximity to schools, such as Pier View Academy, could also be attractive to families or investors looking to rent to families.

The flat itself appears to be in reasonable condition, with the photos showing a modern kitchen and well-maintained interior. However, a thorough in-person inspection is necessary to assess the condition accurately and identify any potential maintenance needs. No information is available on the size of the plot. The interior photos display a modern feel and suggest some recent renovation work, yet the lack of outdoor space may limit its appeal to certain buyers. The overall condition is reasonably good but not exceptional.

The listing price of £143,000 seems somewhat inflated compared to similar properties in the area. While some flats in the same street have sold for similar or higher prices, a comprehensive comparison with similar one-bedroom flats in the same condition and with similar amenities would help evaluate its actual market value. The lack of square footage and plot size data in some listings makes direct comparisons challenging. However, the existing data suggests that this property is not outstanding value for money in its current state, but there may still be investment opportunities for a cash buyer.

Ultimately, potential buyers should carefully evaluate the property’s condition and the investment potential based on a comprehensive market analysis and a professional valuation. Additionally, detailed information about the existing tenancy agreement should be sought.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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