Barnard Marcus says ..

Property Oracle says ..

The property is a 1-bedroom apartment located in Gilson Place, London, with a list price of £275,000. The apartment is 410 sqft and situated on a 510 sqft plot.

The property appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a contemporary kitchen and bathroom. The flooring and fixtures look new or recently updated. There is evidence of a small, well-maintained lawn area outside.

The location in Fortis Green, Haringey, benefits from proximity to several outstanding-rated schools, including Coppetts Wood Primary School and Coldfall Primary School, both within a 1km radius. Several transport links are also within reasonable distance, with New Southgate station approximately 1.77km away. This area is generally considered desirable, although the average property price in the area (£1,026,800) is significantly higher than the list price of this property.

Considering the average price per sqft in the area is £767, and this property is listed at a price that is significantly lower than the average, and given its good condition and desirable location, the price of £275,000 could be considered reasonable, especially for a first-time buyer or investor. However, the lack of sqft data for comparable properties makes a definitive statement difficult. Further investigation into the specific reasons for the lower price would be beneficial.

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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