Savills says ..

Property Oracle says ..

Astrale House, situated at 13 Nether Street in North Finchley, is a substantial property currently listed for sale at £5,250,000. The listing is for the freehold of the property which is described as LAND in the property details, suggesting potential for development or conversion, particularly given the size and style of the building. The property’s exterior shows a Victorian or Edwardian style architecture. Photographs reveal a sizeable building, with the front exterior being well-maintained and largely covered by mature climbing plants. The rear of the property boasts a paved patio and garden area. Internal images show a modern communal kitchen and a typical furnished student or bedsit-style room. The images show a simple reception area. The absence of specified details like the number of units and square footage limits an extensive market analysis. However, the property is situated in a highly sought-after location in North Finchley. Its proximity to outstanding primary and secondary schools adds considerable appeal, likely influencing the elevated price point. The overall condition of the property appears to be fair, with both external and internal elements that suggest an update or renovations may be required to maximize its potential. The significant investment amount indicates the property may be targeting buyers considering a multi-unit development, conversion into residential units, or those attracted to the combination of its prime location and refurbishment potential. More information would aid in a more thorough property evaluation. Given the current information, further investigation into planning permission and development potential is advised to assess the true value and viability of the listing price. The lack of detailed information about the internal layout, structural condition, and overall size of the property prevents a definitive assessment of its market value. The surrounding area also provides a good basis for the high list price. The nearby properties appear to be more individual dwellings, offering a good indication of the prevailing market conditions.

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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