Matthew James says ..

Property Oracle says ..

This three-bedroom apartment on Grove Road, Surbiton, presents a mixed picture. The location is a significant strength, situated on a desirable tree-lined road close to Surbiton station and its excellent transport links to London Waterloo. The proximity to highly-rated schools, the River Thames and local amenities further enhances its appeal, particularly to families and commuters.

However, the property’s condition is a significant drawback. The images clearly indicate the need for extensive renovations throughout the apartment. The kitchen and bathroom appear outdated and require complete modernisation. The flooring is old and worn, and the walls show signs of disrepair. This will add substantially to the cost of ownership. The lack of information on the precise plot size suggests limited outdoor space.

Regarding the price, £425,000 is a reasonable price considering the excellent location, but the necessary renovation costs need to be factored in. A comprehensive survey would be necessary to estimate the full extent of the refurbishment required and the associated costs. Potential buyers should budget for these costs and consider the return on investment before making an offer.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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