Drivers & Norris says ..

Property Oracle says ..

This property on Sussex Way, Islington, presents itself as a potential investment opportunity. The listing indicates it’s currently divided into three self-contained flats, generating rental income. The property’s location in Finsbury Park is a significant positive, benefiting from good transport links and the presence of nearby schools, shops and amenities (as evidenced by the provided photos of a Waitrose and various places of entertainment). The exterior appears well-maintained, showcasing the typical architecture of the area. However, a comprehensive assessment requires access to information regarding the internal condition of each flat and the specific size of the rear garden mentioned in the description. The lack of square footage data for the property makes a definitive judgment on price per square foot impossible. This lack of information impacts both condition and price evaluations. The surrounding area shows a range of property prices, with nearby houses commanding significantly higher values (one example of over £1 million), suggesting that the property may be priced competitively, especially considering its investment potential. Buyers should conduct a thorough internal inspection to assess any necessary refurbishment needs and assess whether the overall value aligns with their expectations. Overall, this is a potentially attractive investment, but buyers are advised to exercise due diligence 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. *

Images