Dexters says ..

Property Oracle says ..

The property is a newly built two-bedroom maisonette apartment located in Knights Hill, West Norwood, in the London Borough of Lambeth. The apartment boasts a high specification finish and includes features designed for energy efficiency, such as an air source heat pump. Based on the provided images, the property appears to be in excellent condition with a modern, stylish interior. The kitchen and bathroom are contemporary and well-equipped. While the listing mentions “plenty of outside space with a good sized balcony,” the plot size is listed as 0.00 sqft, suggesting the outdoor space is limited to a balcony. This is a key factor to consider, especially in comparison to other properties in the area. The list price of £500,000 is significantly lower than the average price of £810,624 for the area. However, the average property size in the area is 1,078 sqft, considerably larger than this 813.75 sqft apartment. The average price per sqft in the area is £751.00. While the property’s condition and modern features are positive aspects, the smaller size and limited outdoor space compared to the average property in the area could justify the lower price. The proximity to transport links (West Norwood station is 0.99km away), schools (several schools within 1km), and local amenities should also be considered when evaluating the overall value. Further investigation into comparable properties with similar sizes and features within the immediate vicinity would provide a more precise assessment of the price’s reasonableness.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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