Time2Move says ..

Property Oracle says ..

The property is a maisonette located in Mitcham, in the London Borough of Merton. It has one bedroom and one bathroom, and a total area of 553 sqft. The list price is £285,000.

The property benefits from a small rear garden. While the plot size is listed as 0.00 sqft, the images clearly show a small, enclosed garden space. This is a positive attribute, especially for a property in a London location.

Based on the provided images, the property appears to be in reasonable condition, although some modernisation would likely enhance its appeal. The kitchen and bathroom show signs of age and could benefit from updating. The interior decor is dated, and a fresh coat of paint would improve the overall presentation. There is no evidence to suggest the property is in disrepair, but an upgrade would increase its value and desirability.

The average price per sqft in the area is £687.00. However, the average house price in the area is significantly higher at £582,591, suggesting that the subject property might be underpriced. The property’s size (553 sqft) is considerably smaller than the average for the area (847 sqft). Considering the smaller size and the need for some modernisation, the list price of £285,000 appears to be relatively reasonable compared to other nearby properties, although it is significantly below the average price for the area. However, the lack of sqft data for the comparable properties makes a precise price comparison difficult.

The location is positive, with several schools and transportation links within a reasonable distance. The proximity to Tooting station is a significant advantage, providing convenient access to central London.

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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