Hilton & Fox says ..

Property Oracle says ..

The property is a 2-bedroom flat located on Lincoln Road in Wembley, Brent, London. It is listed at £425,000 and has 782.97 sqft of living space. The property includes a small garden with a shed. The location is positive, with Wembley Central tube station only 0.76km away, providing good transport links. Several well-regarded schools are within a reasonable distance, including Barham Primary School and The Corner School, both rated ‘Good’ by Ofsted. This makes the property attractive to families. The average price for properties on Lincoln Road is significantly higher (£610,000), suggesting this property may be undervalued. Based on the images, the flat appears to be in good condition and has recently been modernised with a new kitchen and flooring. There is no evidence of significant repairs or renovations being required. While the plot size is small (0.00 sqft), the presence of a garden is a positive feature, particularly for a flat in this area. Considering the average price per sqft in the area (£543) and the property’s size (782.97 sqft), a rough estimate of the value would be around £425,000. However, the average price for similar properties in the area is higher (£473,727), and nearby properties on Lincoln Road command significantly higher prices. Therefore, while the listed price of £425,000 aligns with the average price per sqft calculation, it could be considered good value when compared to other properties in the immediate vicinity. The lower price may be due to the smaller plot size compared to houses in the area.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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