L&H Residential says ..

Property Oracle says ..

This one-bedroom apartment in Borehamwood, Hertfordshire is listed at £104,000. The property benefits from a modern design and appears to be well-maintained based on the available photographs. The kitchen and bathroom look recently updated and the living area is adequately sized for a one-bedroom flat. The building itself seems to be part of a larger development, offering communal garden space. The proximity to Elstree & Borehamwood railway station makes commuting relatively straightforward. The area also boasts multiple well-rated schools, making it potentially attractive to families. However, the provided information does not provide the full picture. Key details, like the leasehold information (length of lease remaining, ground rent, service charges) and precise square footage, are missing. It is important for prospective buyers to obtain these details to fully evaluate the property’s true value. Furthermore, while the price is notably below the average for the area, it is necessary to consider additional costs associated with apartment ownership, such as service charges and ground rent, which are not mentioned. A comprehensive survey would also be recommended before purchasing to confirm the property’s overall condition. In summary, this could be a cost-effective apartment for a single person or couple; however, a more thorough due diligence investigation is essential before committing to a purchase.

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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