Barnard Marcus says ..

Property Oracle says ..

The property is a one-bedroom apartment in Sutton, Greater London. Its location on Station Road in Belmont offers convenient access to Belmont train station, which is 0.10 KM away. This provides easy commuting options to central London. The proximity to several schools, including Avenue Primary Academy (0.60 KM) and Harris Academy Sutton (0.81 KM), is a positive aspect for families or potential investors targeting the rental market. The area also boasts several shops and restaurants, enhancing its desirability. The apartment appears to be in good condition based on the provided images. The kitchen and bathroom look modern and well-maintained. The living area and bedroom are presented neatly and show no obvious signs of significant wear and tear. The property lacks a garden, as indicated by a plot size of 0.00 SQFT. This is a common feature for apartments, and is not necessarily a negative aspect. Considering the list price of £101,500, the average price in the area is significantly higher at £442,613. The average price per square foot is £432.00, while the subject property’s price per square foot is approximately £179. This suggests that the property is priced considerably lower than the average for the area. However, this discrepancy must be considered in light of the property’s size (568 SQFT) and the fact that it is a one-bedroom apartment, whereas the average property size is much larger (1,024 SQFT). Nearby comparable listings show a range of prices, with some apartments priced similarly to the subject property. Therefore, while the price is significantly below the area average, it might be considered reasonable given the property’s size and type. Further investigation into the specifics of comparable properties would be beneficial to fully assess the price’s reasonableness.

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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