Mountgrange Heritage says ..

Property Oracle says ..

Lexham Gardens, London, W8 Property Analysis

The property is a 2 bedroom, 2 bathroom flat located in Lexham Gardens, Kensington and Chelsea, London. The list price is £1,250,000 and the property is 256 sqft with a plot size of 901 sqft.

Location: Lexham Gardens is situated in a prime location within Kensington and Chelsea. The area is known for its affluent residents, excellent schools, and proximity to various amenities including shops, restaurants, and transportation links. Several highly-rated schools are within a short distance, and underground stations are within walking distance or a short bus ride. This contributes to a high location score.

Condition: Based on the provided images, the property appears to be in excellent condition. The interior is modern, well-maintained, and tastefully decorated. The kitchen and bathrooms are contemporary and recently updated. There is no visible evidence of wear and tear or the need for renovation.

Land: The property includes a private outdoor space, which is a significant advantage in a densely populated area like Kensington and Chelsea. While the plot size is relatively small compared to houses, it still provides valuable outdoor space for a flat.

Price: Considering the property’s location in prime central London, its excellent condition, and the inclusion of outdoor space, the list price of £1,250,000 appears reasonable. The average price per sqft in the area is £1,684, and while the provided sqft for this property is lower, the premium location and condition justify the price. Nearby comparable properties support this assessment, with prices ranging from £650,000 to £1,900,000. However, it’s important to note that significant variation exists in the prices of nearby properties, likely influenced by size and specific features.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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