haart says ..

Property Oracle says ..

This two-bedroom apartment on Baker Street in Enfield, London, is listed at £300,000. The property is located reasonably close to Enfield Town, offering convenient access to transportation (Enfield Town Overground station), several schools (with varying Ofsted ratings), and local amenities. However, the exact proximity to these amenities would need further investigation. A significant drawback is the complete lack of outdoor space.

The apartment’s condition, as evident from the photographs, is a major concern. It presents a dated aesthetic with worn carpets, outdated wallpaper, and a kitchen and bathroom in need of complete refurbishment. Potential buyers should budget for a considerable amount of renovation work.

The list price of £300,000 requires further analysis in the context of comparable properties in the area. The lack of detailed information on square footage for many nearby listings makes a precise comparison challenging. Whilst some nearby properties are considerably more expensive, the age, condition, and lack of outdoor space justify the potential for this property to be perceived as overpriced by some buyers, however, it might be considered competitive in comparison to other properties with similar characteristics. A thorough market appraisal is recommended before making a purchase decision. The property is presented as a potential ‘fixer-upper’ that might appeal to investors or buyers looking for a project. Therefore, a comprehensive survey and valuation should be undertaken to determine the true value and cost of potential renovations.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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