Braithwait says ..

Property Oracle says ..

This property presents a unique opportunity for a buyer willing to undertake a substantial renovation project. Located in the desirable Westminster area of London, it offers a potentially valuable end-product but requires significant financial commitment to complete.

The property is a three-story house located in a mews. It currently displays unfinished interiors, with exposed brickwork, unfinished walls, exposed ceilings, and significant construction materials present throughout. However, the completed bathroom shows a high-quality and modern finish. The presence of a rooftop terrace, though small, adds some value.

The property’s location is a major selling point. It’s situated in central London, within reasonable proximity to public transportation and several well-regarded schools. However, the precise nature of Western Mews as a narrow mews may affect its appeal to some potential buyers.

The lack of detailed information on the property’s overall plot size might lead to an inaccurate valuation, but based on the available information, the property’s asking price appears higher than its current condition would suggest. Buyers should fully factor in the cost of completing the renovation, which will impact the overall return on investment. The images show a clear indication of ongoing work, and prospective buyers should factor in time and cost associated with the completion of the project. Therefore, a thorough survey before purchase is highly recommended.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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