Russell Simpson says ..

Property Oracle says ..

Chelsea is a highly desirable area in London, known for its affluent residents, excellent schools, and proximity to various amenities. The property’s location on Bramerton Street places it within walking distance of several highly-rated schools, including Chelsea Open Air Nursery School, which received an “Outstanding” Ofsted rating. The area also benefits from relatively easy access to public transportation, with several stations within a reasonable distance, including Imperial Wharf (London Overground), Clapham Junction (Network Rail), and West Brompton (London Underground). This convenient location adds to the property’s overall appeal and justifies a higher score.

Based on the provided images, the property appears to be in excellent condition. The interior is modern, well-maintained, and tastefully decorated. There is no visible evidence of wear and tear or the need for repairs or renovations. The kitchen and bathrooms are contemporary and updated, further supporting the assessment of the property’s condition. The exterior, although only partially visible, also appears to be well-maintained. This contributes to a high condition score.

The property includes a roof terrace, offering outdoor space, which is a significant advantage in a densely populated urban area like Chelsea. While the plot size is not exceptionally large, the presence of a private outdoor area still adds value to the property and warrants a positive score in this category.

Considering the list price of £1,850,000, the average price of similar properties in the area (£1,575,222), and the property’s size (739.29 sqft), the price seems relatively reasonable. The average price per square foot in the area is £1,401, while the price per square foot for this property is approximately £2,502. While higher than the average, this difference is justifiable given the property’s excellent condition, desirable location, and inclusion of a private terrace. The higher price per sqft is also supported by the prices of nearby properties, which are significantly higher. Therefore, the price score reflects a reasonable value proposition, considering the overall package.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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