Barnard Marcus says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat located in Altenburg Gardens, Wandsworth, London, SW11 1JL. It is listed at £425,000 and has a floor area of 376.90 sqft. The plot size is 385 sqft. Location: Altenburg Gardens is situated in the Shaftesbury area of Wandsworth. The area benefits from its proximity to Clapham Junction station (0.84km), providing excellent transport links. Several well-regarded primary schools are within a reasonable distance, including Christ Church Cofe Primary School (0.67km) and Shaftesbury Park Primary School (0.88km), both rated ‘Good’ by Ofsted. This makes the location attractive to families. Condition: Based on the provided images, the property appears to be in good condition. The flat has been recently modernised with a contemporary kitchen and bathroom. The property is presented well and is move-in ready. There are no visible signs of significant wear and tear or the need for major renovations. Land: The property has a small plot size of 385 sqft, which is typical for a flat in this area of London. While it does not include a large garden, the small plot is adequate for the size of the property. Price: The list price of £425,000 is significantly below the average price for properties in the area (£849,704). However, it’s important to note that the average property size in the area is considerably larger (1,331 sqft) than this flat (376.90 sqft). The average price per sqft in the area is £638. This property, at £425,000, works out to approximately £1127 per sqft, which is higher than the average. While the price is below average for the area, the smaller size and higher price per sqft suggest that the price may not be exceptionally good value compared to similar properties in the area. Nearby comparable properties range from £242,000 to £1,200,000, highlighting the variability in prices in Altenburg Gardens. Considering the condition, location, and size, the price appears to be in line with the market, although not necessarily representing exceptional value.

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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