Gibbs Gillespie says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom apartment located in Edgware, Middlesex. It has a list price of £550,000 and is 1,683 sqft with a plot size of 1,061 sqft. The apartment is situated in a modern development, offering a large private roof terrace with pleasant views. The location benefits from being relatively close to several schools, including the \‘Good\’ rated London Academy (0.07km), although other nearby schools have varying Ofsted ratings. Transportation links appear reasonable, with several train stations and underground stations within a 6km radius. However, the precise quality of local amenities and the proximity to shops and places of significance would require further investigation. Based on the images provided, the property appears to be in need of some level of cleaning and tidying. While the structure and fixtures seem to be in reasonable condition, the current state of the interior suggests a lack of maintenance and could negatively impact the perceived condition. The presence of a substantial private roof terrace adds to the property’s appeal and increases its overall value. The average price for properties in the area is £638,158, with an average price per sqft of £514. Considering the property’s size (1,683 sqft), a comparable price might be expected to be around £864,000 (£514 x 1,683). The current list price of £550,000 is significantly below this figure. However, the need for some level of cleaning and tidying, as well as the fact that the property is an apartment (potentially less desirable than the nearby terraced houses), may justify this lower price. A more detailed analysis of comparable properties in the immediate vicinity, considering their condition and features, would be necessary to determine a more precise valuation.

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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