The list price of £525,000 for a 361 sqft one-bedroom flat in Bayswater seems reasonable considering the location. While nearby listings vary significantly in price, the average price per sqft is not provided and therefore direct comparison is challenging. However, the property’s size and the overall cost of property in Bayswater suggest the price isn’t excessively high, but neither is it drastically undervalued. The condition, absence of outdoor space and the need for potential modernisation influence the rating slightly downward.

Based on the provided photos, the property appears to be in reasonable condition. While it is not brand new, and some aspects appear dated (like the kitchen and bathroom), it is not in a state of disrepair. The overall cleanliness and presented interior suggest that it is well-maintained. However, it may benefit from some modernisation to enhance its appeal and market value.

The property is located in Bayswater, a highly desirable area of London known for its proximity to Hyde Park, excellent transport links (including easy access to Paddington Station), and a good selection of shops and amenities. The presence of well-regarded schools nearby further enhances its appeal. While specific details about the immediate surroundings of the property are limited, its address within Queensborough Terrace and proximity to Lancaster Gate strongly suggest a prime location.

The property is described as having a plot size of 0.00 sqft, indicating a lack of a garden or any significant outdoor space. This is typical for apartments in central London locations but will limit its appeal to buyers who value outdoor space.