Addison Townsend says ..

Property Oracle says ..

This listing from Addison Townsend is for a lock-up garage situated in Park Farm Close, East Finchley, London (N2 0LY). The property is located in a seemingly quiet residential cul-de-sac, approximately 0.7 miles from East Finchley Station and near the North Circular Road and A1. While precise details regarding size are not given, the provided photograph reveals a typical single lock-up garage structure. The condition of the garage appears to be acceptable but not exceptional, showing minor signs of wear and tear consistent with its age. The location is a key strength, benefitting from its position in a sought-after area of North London with good transport links. The price of £32,500 seems relatively low given the context of nearby property prices, although the property type (garage) is an unusual comparison. Nearby comparable properties range significantly in price, with values considerably higher. However, this value represents a lock-up garage, not a residential home. Prospective buyers should conduct their own thorough investigation into its market value and any potential planning restrictions before purchasing. The lack of land is a significant drawback, as the property offers no outdoor space or potential for development beyond its use as a storage unit.

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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