James Anderson says ..

Property Oracle says ..

The property is a 2-bedroom flat located on Upper Richmond Road West in East Sheen, SW14, with a list price of £475,000. The property has a total area of 995.66 sqft and is situated in a convenient location with multiple nearby transportation links and well-regarded schools within a short distance. The average price for properties in the area is significantly higher at £1,550,475, with an average price per sqft of £967. The property appears to be in need of significant renovation. The interior photos reveal dated fixtures, worn carpets, and a general lack of upkeep. The bathroom, in particular, shows its age and requires modernisation. The exterior, while showing a period property aesthetic, also benefits from some attention. The property benefits from access to a communal garden area, though the size is not specified. This adds to the overall appeal. Considering the condition of the property, requiring substantial renovation, and the relatively small size compared to the area average, the list price of £475,000 appears to be on the lower end of the market. While the location is desirable, the significant renovation needed offsets the benefits of the location and adds to the overall cost of ownership. Therefore, the price may represent reasonable value for a buyer willing to undertake a full refurbishment.

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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