Gibbs Gillespie says ..

Property Oracle says ..

This property is a 2-bedroom apartment located in Stanmore, Harrow, with a list price of £265,000. The apartment is 602 sqft and has one bathroom. The property benefits from communal outside space.

The apartment’s condition appears to be generally well-maintained, though the decor is dated and could benefit from modernisation. The kitchen and bathroom are functional but show their age. The flooring and wall coverings are consistent throughout and suggest a property that has been well cared for.

The location is convenient, with several good schools within a reasonable distance, including Avanti House School and Whitchurch Primary School, both rated ‘Good’ by Ofsted. Public transportation links are also relatively close, with several underground stations within a 4km radius.

The average house price in the area is significantly higher than the list price of this property, at £623,952. The average price per sqft is £582, while this property is listed at a much lower price per sqft. However, it’s important to note that this is an apartment, and the average price reflects a mix of property types, including larger detached houses. The relatively low price of this apartment may be due to its size and the need for some modernisation work. Nearby comparable apartments are listed at similar prices, suggesting that the list price is reasonable in the context of the local market for apartments. The lack of plot size is a factor to consider, but this is typical for apartments in this area.

Based on the provided information, the property presents a potentially good value option for a buyer looking for a two-bedroom apartment in a convenient location, but is in need of 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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