Kinleigh Folkard & Hayward - Sales says ..

Property Oracle says ..

The property is located on Edgeley Road in Clapham, London. Clapham is a highly desirable area known for its excellent transport links, popular schools, and vibrant atmosphere. The proximity to Clapham High Street station (London Overground) at 0.15 KM provides easy access to central London. Several highly-rated primary schools are within a reasonable distance, including Triangle Nursery School and Clapham Manor Primary School, both rated Outstanding by Ofsted. This strong location contributes positively to the property’s overall value.

Based on the provided images, the property appears to be in need of some modernisation. While it retains some original features indicative of a period property, the decor and fixtures seem dated and could benefit from updating. The kitchen and bathrooms, in particular, show signs of age and wear. This suggests a need for renovation, which would impact the immediate livability but could also significantly increase the property’s value. The garden is small but present, offering some outdoor space.

The list price of £1,250,000 is significantly higher than the average price of £812,034 for the area. However, the property is larger than average at 1,737.37 sqft compared to the average of 1,003 sqft. Nearby comparable properties on Edgeley Road support the higher price, with a terraced house at number 5 selling for £1,225,000 and another at number 27 listed for £1,400,000. While the average price per sqft in the area is £809, the property’s size, location, and potential for value appreciation after renovation justify the higher list price. However, potential buyers should factor in renovation costs into their overall budget.

The property shows characteristics of a period property. It requires some renovation work to be brought up to modern standards. The property benefits from a garden, albeit a small one. The location is excellent, close to transport links and highly-rated schools. The price is high but justified by comparable properties in 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. *

Images