Barnard Marcus says ..

Property Oracle says ..

This six-bedroom property located on Thrale Road in Furzedown, Wandsworth, presents a mixed bag of opportunities and challenges. The property’s location is a significant strength. Furzedown is a well-regarded area of London, offering good access to transport links (Streatham Common station being relatively close) and a number of schools, some of which have received positive Ofsted ratings. The presence of a garden is also a positive, although its size and condition appear modest.

However, the property’s condition is a major factor to consider. The photographs clearly show an interior in need of significant modernisation. The décor is outdated, and the fixtures and fittings appear worn. A prospective buyer should budget for extensive renovation works, which could significantly increase the overall cost of acquisition. The kitchen and bathrooms, in particular, seem to require complete refurbishment.

The list price of £985,000 needs careful consideration in light of the required renovations. While the location and number of bedrooms are attractive, the significant investment needed to bring the property up to a modern standard impacts the value proposition. A thorough survey is essential before making an offer to fully assess the extent of any structural or hidden problems. Comparatively, nearby properties show a wide range of prices, making it difficult to definitively assess the value of this specific property without more detailed information on comparable sales. The absence of a precise plot size also hinders a full evaluation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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