Auckland Estates Limited says ..

Property Oracle says ..

The property is a two bedroom, two bathroom apartment located in Potters Bar, Hertfordshire. It is situated near Potters Bar train station, providing convenient access to London and other areas. The apartment itself appears to be in excellent condition, with modern fixtures and fittings throughout. The images show a well-maintained and recently renovated interior. While the plot size is relatively small for a property of this type, it’s typical for apartments in this area.

Considering the average price per square foot in the area is £801, and this property is listed at £295,000 with 481.15 sqft, the price per sqft is approximately £613. This suggests the property may be reasonably priced, especially considering its modern condition and convenient location. However, the significantly lower average price of nearby properties (£145,000 - £340,000) suggests that the list price might be on the higher end for similar properties in the immediate vicinity. Further investigation into comparable properties in the same building or with similar specifications would be beneficial to solidify this assessment.

The proximity to Potters Bar train station is a significant positive, improving the property’s desirability and potentially justifying a higher price point. The presence of nearby schools, while not directly impacting the value of this specific apartment, contributes to the overall desirability of the area.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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